Real Estate Notes

The safest approach to making  secured loans on property is to thoroughly evaluate the  pledged collateral to protect your  investment and  determine the fair market value  if you had  to foreclose. Never  make a loan on a property that you wouldn’t be willing to own if that becomes your  best way to protect your  investment. Some lenders actually hope that the  borrower does default so they  can obtain the  property for a fraction of its market value.

Real Estate Notes for Sale

However, don’t  forget that you’re  responsible for legal fees and  foreclosure costs in addition to the  unpaid balance of your  loan and  accrued interest in the  event that the  borrower defaults.

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