Sell Your Mortgage
Note in Florida

If you sold real estate in Florida and agreed to collect payments over time, you are holding a mortgage note. And that note has real value today.

At I Buy Notes Now, we purchase performing and non-performing mortgage notes secured by Florida real estate. We pay cash at closing. Most deals close in about 20 business days. We cover all closing costs, and you work with one person from offer to wire — not a call center.

If you are tired of collecting monthly payments, wondering whether your borrower will pay next month, or simply want your money now instead of waiting years — we should talk.

Get a Free, No-Obligation Offer

Free written offer within one business day. You owe us nothing for the review.

Call
305-864-7388

Email Us
info@ibuynotesnow.com

What Types of Notes We Buy in Florida

We purchase a wide range of privately held real estate notes in Florida, including:

  • Performing first-lien residential notes (1-4 family homes)

  • Non-performing or delinquent notes

  • Seller-financed or owner-financed notes

  • Notes on single family residences, condos, townhomes, and small multifamily

  • Notes on commercial and investment properties

  • Land contracts and contracts for deed

  • Notes from estates, divorces, and partnership dissolutions

  • Notes with minimum balances of $40,000 or more

If you are unsure whether your note qualifies, reach out. We review every situation individually and will give you a straightforward answer within one business day.

Contact Us

You Have More Options Than You May Realize

Most note holders think there are only two choices: keep collecting payments or sell the note outright. There is a third and sometimes fourth option that most buyers never mention.

  • Option 1: Full Note Purchase

    We purchase all remaining payments on your note for a single lump sum. You receive your money, we take over the collection of payments, and your obligation ends at closing. This is the cleanest exit.

  • Option 2: Partial Note Sale

    You sell a defined number of future payments — for example, the next 60 months. We pay you a lump sum for those specific payments. Once we collect them, all remaining payments revert entirely back to you. You get liquidity today without fully exiting your position. This structure often results in a smaller discount than selling the full note.

  • Option 3: Hypothecation (Borrow Against Your Note)

    Instead of selling, you use your note as collateral for a loan. We advance you cash — typically 50 to 60 percent of the note balance. Your borrower continues making their regular payments. You retain ownership of the note and its income stream. Because it is a loan rather than a sale, this structure may allow you to access capital without triggering a taxable event. Your home, savings, and other assets are not involved — the note is the only collateral.

Not every structure fits every situation. We look at your note, your goals, and your timeline — then we recommend what makes the most sense for you.

How the Process Works

Step 1: Share your note details


Tell us the basics — property address, note balance, interest rate, payment history, and how many payments remain. A phone call or email is fine. We do not need a formal application to get started.

Step 2: We evaluate and respond


We review your note and provide an offer — typically within one business day. We explain the offer clearly. No guessing. No chasing us down for answers.

Step 3: You decide


There is no pressure and no obligation at this stage. If our offer works for you, we proceed. If you want to explore a partial sale or hypothecation instead, we discuss that too.

Step 4: We close


Most transactions close within approximately 20 business days of receiving complete documentation. We handle the complexity. You handle the decision. Funds are wired directly to you at closing.

We Buy Mortgage Notes Throughout Florida

We purchase notes secured by real estate in all counties and cities across Florida, including:

Miami, Tampa, Orlando, Jacksonville, Fort Lauderdale, West Palm Beach, Naples, Sarasota, Gainesville, Tallahassee, Ocala, Pensacola, Fort Myers, Daytona Beach, Melbourne, Port St. Lucie, Boca Raton, Clearwater, St. Petersburg, Lakeland, and throughout the state.

If your property is in a rural area or a smaller market, reach out. We evaluate notes statewide and do not limit ourselves to major metro areas.

Selling a mortgage note in Florida: what you should know

Florida is one of the most active seller-financing markets in the country, driven by population growth, second-home buyers in coastal markets, and a deep investor community in the Miami, Tampa, Orlando, and Jacksonville metros. Seller-carried paper is common across the state and tends to attract buyer interest at competitive pricing.

Florida is a judicial foreclosure state. A non-paying borrower can only be foreclosed through the court system. Uncontested timelines run 8 to 14 months. Contested cases run longer. That timeline is a real cost for note holders, and it’s one of the most common reasons Florida note holders decide to sell rather than carry a borrower who has stopped paying.

Why people sell — the actual reasons we hear from Florida note holders

  • The borrower’s been late one too many months.

  • An estate or divorce needs to close. Monthly payments don’t help; one wire does.

  • Cash needs to redeploy — a new investment, a tax bill, a medical event, paying off debt.

  • The note was originated below today’s rates, and the held-to-maturity math doesn’t pencil anymore.

  • Tracking the payments, insurance, and taxes turned into a job nobody wants.

Selling a note is a financial decision. We treat it like one.

What Florida Note Holders Often Get Wrong

“The property is worth more than my balance, so I am fully protected.”


Equity gives you a cushion. Your actual recovery depends on lien position, current taxes, true as-is market value, and what foreclosure costs in Florida. Online valuations are not underwriting tools.

“If payments are current, my note is low risk.”


Payment history is one of five things that drive risk. The others are remaining term, rate versus current market, borrower financial stability, and concentration risk.

“If they stop paying, I get the property back.”



Foreclosure in Florida is a legal process. It can take months to over a year depending on whether the borrower contests, and it costs legal fees, trustee fees, and time before you ever see the property.

“I can sell my note anytime for close to the unpaid balance.”


Notes trade on yield, risk, and current market conditions. Unpaid principal balance is a starting reference, not the price. A below-market rate means a discount to UPB so the buyer hits their target yield.

Frequently Asked Questions

How long does it take to sell a mortgage note in Florida?

Most transactions close within approximately 20 business days of receiving complete documentation. The documents typically needed are the original note with proper endorsement and a recorded assignment of mortgage or deed of trust. We handle the complexity — you handle the decision.

How much will I receive for my note?

The offer depends on the note balance, interest rate, payment history, remaining term, property value, and current market conditions. Notes with a strong payment history, a meaningful down payment, and good collateral typically receive stronger offers. We explain every factor in our offer so you understand exactly why the number looks the way it does.

Do I have to sell the entire note?

No. A partial sale allows you to sell a defined number of future payments and keep the rest. Once we collect the payments we purchased, all remaining payments revert to you. This structure may result in a smaller overall discount compared to selling the full note.

Are there any fees or commissions?

None. We cover all closing costs. The offer we make is the amount you receive. No deductions at closing.

What if my note is non-performing or the borrower has missed payments?

We evaluate non-performing notes on a case-by-case basis. We buy both performing and non-performing notes. Contact us and let us review the specifics before assuming your note does not qualify.

What happens to my borrower after I sell the note?

Your borrower is notified of the transfer by certified mail. Their loan terms do not change — same interest rate, same payment amount, same schedule. The only change is where they send their payment.

Can I borrow against my note instead of selling it?

Yes. Through hypothecation, we can lend against your note without requiring you to sell it. You retain ownership, your borrower keeps paying, and you access capital now. This may have different tax implications than an outright sale. We are happy to walk through both options so you can decide what fits your situation.

Do you buy notes secured by properties anywhere in Florida?

Yes. We purchase notes statewide — major metros, suburban markets, and rural areas alike. The property location is one factor we consider, but it does not automatically disqualify a note.

Ready to Find Out What Your
Florida Mortgage Note Is Worth?


The review is free. The offer is free. If the number doesn’t work for you, you walk and we shake hands.

One principal. One phone number. Written offers in plain English with the math shown.

Call
305-864-7388

Email Us
info@ibuynotesnow.com

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