3,345,091
Show me the money!
-
Gary Frimann, CRS, GRI...
Gilroy, CA
-
Bob "RealMan" Timm
Minot, ND
-
Doug Dawes
Topsfield, MA
-
Carol Williams
Wenatchee, WA
-
Ryan Huggins - Thousan...
Thousand Oaks, CA
-
John Juarez
Fremont, CA
-
Joan Cox
Denver, CO
-
Diana Dahlberg
Pleasant Prairie, WI
-
Nina Hollander, Broker
Charlotte, NC
-
Shayne Stone
Fulshear, TX
679,404
Was that before or after a "Gentleman's Handshake"?
-
Bob "RealMan" Timm
Minot, ND
-
Lyn Sims
Schaumburg, IL
-
Kevin J. May
Hobe Sound, FL
-
Doug Dawes
Topsfield, MA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Carol Williams
Wenatchee, WA
-
Shayne Stone
Fulshear, TX
-
John Juarez
Fremont, CA
-
Joan Cox
Denver, CO
584,631
Yes, I do!
I still carry them in my pocket everyday along with my Credit Cards... LOL
-
Bob "RealMan" Timm
Minot, ND
-
Kevin J. May
Hobe Sound, FL
-
Doug Dawes
Topsfield, MA
-
Ryan Huggins - Thousan...
Thousand Oaks, CA
-
John Juarez
Fremont, CA
-
Anna "Banana" Kruchten
Phoenix, AZ
-
Joan Cox
Denver, CO
-
Diana Dahlberg
Pleasant Prairie, WI
-
Shayne Stone
Fulshear, TX
2,781,173
Pay me now!
-
Bob "RealMan" Timm
Minot, ND
-
Doug Dawes
Topsfield, MA
-
Carol Williams
Wenatchee, WA
-
Ryan Huggins - Thousan...
Thousand Oaks, CA
-
John Juarez
Fremont, CA
-
Joan Cox
Denver, CO
-
Diana Dahlberg
Pleasant Prairie, WI
-
Nina Hollander, Broker
Charlotte, NC
-
Shayne Stone
Fulshear, TX
5,216,409
My first sponsoring broker carried a pad of them in her purse. And had a supply of pads in her office. That was then a long, long time ago!
-
Bob "RealMan" Timm
Minot, ND
-
Kevin J. May
Hobe Sound, FL
-
Doug Dawes
Topsfield, MA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Diana Dahlberg
Pleasant Prairie, WI
-
Carol Williams
Wenatchee, WA
-
Joan Cox
Denver, CO
-
Shayne Stone
Fulshear, TX
3,587,960
Oh I do remember those things!! Long time ago!!
-
Bob "RealMan" Timm
Minot, ND
-
Diana Dahlberg
Pleasant Prairie, WI
-
Doug Dawes
Topsfield, MA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Carol Williams
Wenatchee, WA
-
Joan Cox
Denver, CO
-
Shayne Stone
Fulshear, TX
-
John Juarez
Fremont, CA
1,076,551
-
Bob "RealMan" Timm
Minot, ND
-
Diana Dahlberg
Pleasant Prairie, WI
-
Doug Dawes
Topsfield, MA
-
Carol Williams
Wenatchee, WA
-
Shayne Stone
Fulshear, TX
-
John Juarez
Fremont, CA
-
Anna "Banana" Kruchten
Phoenix, AZ
-
Joan Cox
Denver, CO
378,517
In Georgia that's what a buyer does sign, a security deed and promissory note. We do not have "mortgages" in a traditional sense.
-
Bob "RealMan" Timm
Minot, ND
-
Tammy Lankford,
Eatonton, GA
-
Doug Dawes
Topsfield, MA
-
Carol Williams
Wenatchee, WA
-
Shayne Stone
Fulshear, TX
-
John Juarez
Fremont, CA
-
Joan Cox
Denver, CO
-
Diana Dahlberg
Pleasant Prairie, WI
5,104,931
Never dealt with a promissory note even once. And in NYC many of the coop buildings I sold in were 100% cash buildings... no notes of any kind.
-
Bob "RealMan" Timm
Minot, ND
-
Doug Dawes
Topsfield, MA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Carol Williams
Wenatchee, WA
-
John Juarez
Fremont, CA
-
Joan Cox
Denver, CO
-
Diana Dahlberg
Pleasant Prairie, WI
-
Shayne Stone
Fulshear, TX
1,844,301
Yes I do remember & quickly thought why not just give them a check? It was custom in my area in the early 80's.
-
Bob "RealMan" Timm
Minot, ND
-
Kevin J. May
Hobe Sound, FL
-
Shayne Stone
Fulshear, TX
-
Doug Dawes
Topsfield, MA
-
Diana Dahlberg
Pleasant Prairie, WI
-
Carol Williams
Wenatchee, WA
-
Joan Cox
Denver, CO
1,502,998
That's been a long time...
-
Bob "RealMan" Timm
Minot, ND
-
Doug Dawes
Topsfield, MA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Diana Dahlberg
Pleasant Prairie, WI
-
Carol Williams
Wenatchee, WA
-
Joan Cox
Denver, CO
-
Shayne Stone
Fulshear, TX
6,393,494
Yes, and they do occasionally have a use
-
Bob "RealMan" Timm
Minot, ND
-
Doug Dawes
Topsfield, MA
-
Diana Dahlberg
Pleasant Prairie, WI
-
Carol Williams
Wenatchee, WA
-
Joan Cox
Denver, CO
-
Shayne Stone
Fulshear, TX
1,311,397
A promissory note is simply an agreement to pay a certain amount, in a certain number of payments, at a stated interest rate. What is also called an unsecured loan or personal loan.
-
Bob "RealMan" Timm
Minot, ND
-
Doug Dawes
Topsfield, MA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Diana Dahlberg
Pleasant Prairie, WI
-
Joan Cox
Denver, CO
-
Shayne Stone
Fulshear, TX
901,535
I've only see one and it was when a seller had to promise to pay her listing agent's commission. I wonder if she ever paid it.
-
Bob "RealMan" Timm
Minot, ND
-
Shayne Stone
Fulshear, TX
-
Doug Dawes
Topsfield, MA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Diana Dahlberg
Pleasant Prairie, WI
1,196,798
I look at them every day as they leave my wallet.
BUT, yes I do remember them
-
Bob "RealMan" Timm
Minot, ND
-
Diana Dahlberg
Pleasant Prairie, WI
-
Shayne Stone
Fulshear, TX
3,164,294
That's actually how home loans are done in Georgia. A security deed and promisorry note are signed at closing. The security deed is recorded along with your new deed and we have non judicial foreclosure that can happen as soon as you are 61 days late with a payment.
-
Bob "RealMan" Timm
Minot, ND
-
Diana Dahlberg
Pleasant Prairie, WI
1,153,794
Soon enough we'll probably be entering that phase of real estate once again. Banks won't be able to compete with mine or my Seller's discounted rates. We could pull a decent return back in the day. It was a win, win, win for the most part.
-
Bob "RealMan" Timm
Minot, ND
-
Diana Dahlberg
Pleasant Prairie, WI
911,338
Yes. They're still available and might be accepted in certain situations.
-
Bob "RealMan" Timm
Minot, ND
900,128
A Promissory Note is a legal banking document, especially if drafted properly with names, amounts, dates, etc.
-
Bob "RealMan" Timm
Minot, ND
2,182,552
86,661
1,556,633
I bet they will be making a comeback, perhaps as the only way one can unload their house. That or Lease Option. I'm not too positive as to where the market is headed.
2,390,620
I used promissory notes in the beginning of my career all the way to end Joan Cox without incident of any kind. I think it's all in the way it is presented.