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Questions on Selling Mortgage Notes

Wondering how this whole note buying process works?  Get answers to frequently asked questions including:

Why Would I Sell My Mortgage Note?

How Do Note Buyers Decide on a Value?

What Can I Do to Make My Note Worth More?

Here are straight forward answers to the most common questions on selling mortgage notes.  We also invite you to visit our learning center filled with helpful articles and tips for creating and selling trust deeds, land contracts, and mortgage notes.

Why Owner Financing?

Owner financing is on the rise with more sellers agreeing to accept payments from buyers. There are many reasons people agree to take back a note, deed of trust, mortgage or contract including:

  • Quick sale of the property
  • Monthly income from the note
  • No hassles of bank financing (fees, delays, and strict underwriting)
  • More qualified buyers
  • Property is hard to finance  

Why would I sell my mortgage note?

Circumstances change and many sellers would prefer cash today rather than small payments that trickle in each month. Here are just a few reasons people have sold their note payments for cash:

  • Retirement
  • Taxes
  • Investment Opportunity
  • Expensive Medical Care
  • Vacation
  • College Tuition
  • Unexpected Financial Changes
  • Peace of Mind – no more worrying if the buyer is going to make late payments or having to foreclose
  • Accounting headaches, IRS regulations, paperwork hassles and the list goes on…  

What is a note appraisal?

A note appraisal reflects the current market value of your payments similar to what a real estate appraisal provides for real property.  It shows what your future payments are worth in cash dollars today and is sometimes referred to as a “note analysis” or “quote”.

We recommend you have your note evaluated once a year as pricing may change based on market conditions    

Free Note Analysis

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We offer top dollar and no upfront costs. Contact us today to receive a no obligation quote.

Note Learning Center