Top 5 Reasons to Sell Your Note
Selling your private mortgage note can be a lot simpler and straightforward than you think. We help note sellers receive top dollar for their notes as quickly and efficiently as possible.
1. Lump Sum of Cash
Lump Sum of Cash for Mortgage Note
Buying a new home, paying for college tuition and funding retirement are all very common reasons for selling your private mortgage note.
2. Unexpected Expenses
Cover Unexpected Expenses with your real estate note
Life can bring the unexpected including medical expenses and even litigation. Selling your note can alleviate some of the financial strain caused by these events.
3. Risk Mitigation
Risk Mitigation by selling your mortgage note
Selling your real estate note can protect against the possible outcomes of economic downturn including asset devaluation and payment default.
4. Removing Burden
Removing Burden by selling your mortgage note
Collecting payments, paying taxes and compliance accounting can be a real burden. Many sell their note just to relieve themselves from being a “landlord”.
5. Other Opportunities
Other Opportunities when sell mortgage note
They say timing is everything. There may be no better time to cash out, enjoy life and take advantage of other investment opportunities!
And speaking of timing, in about 8 minutes you can get a free quote using our Fast Quote offer form here
It’s your cash…. we just help you get it faster
Use our confidential Fast Quote to send the details so you can get your cash quicker.
Unlike other note buyers we use our own money and focus on getting you what you need; not making your situation confirm to stringent guidelines and hoop-jumping. This results in a fast and easy sale of your note.
Simply complete an application, provide an appraisal and clear title, and we’re ready to roll.
Note Selling Made Easy.
What Raises the Price a Buyer Can Pay for Your Note
Seasoning: Let the Payment History Do the Talking
A note that has been paying on time for several years carries far less uncertainty than one written a few months ago. Buyers price that track record directly, so a longer seasoned history generally supports a stronger offer. If your note is very new, it can be worth asking whether waiting for more on-time payments, or selling only part of it now, would serve you better.
A Complete, Recorded Paper Trail
Gather the signed promissory note or land contract, the recorded mortgage or deed of trust, any assignments, and the closing or settlement statement from the original sale. Clean, recorded documents let a buyer price the note with confidence instead of building in a cushion for unknowns. Our note facts checklist walks through what to pull together.
Proof That the Payer Pays on Time
A simple ledger is a start, but bank statements or deposit records showing each payment received are stronger evidence. If there were late payments, note the dates and the reason. A buyer will find them anyway, and an honest explanation for a one-time delay reads much better than a gap nobody mentioned.
Property Taxes and Insurance Kept Current
The property is what secures your note, so buyers want to see that taxes are paid and the home carries hazard insurance listing you as the lienholder or mortgagee. Checking the county tax record and asking the payer for a current insurance declaration before you request a quote removes two common delays.
Selling Part of the Note When the Discount Feels Steep
If a full purchase price does not fit your goals, a partial purchase lets you sell a set number of payments for a lump sum and keep the rest of the income. It is often the way to raise the cash you need while giving up less of the note overall. See how sellers approach the highest cash offer for a mortgage note or start with a free note quote.
