1. You want to receive a lump sum of cash upfront instead of waiting for smaller payments over a longer period of time.
2. You need to pay off other debts, make a large purchase, fund a child or grandchild’s college dream, take that dream vacation, and would benefit from the liquidity that selling your mortgage note could provide.
3. You are struggling to keep up with the administrative burden and costs associated with managing a mortgage note.
4. You want to eliminate the risk of non-payment or default on the part of the borrower, and shift that risk onto the purchaser of the note.
5. You no longer want to be involved in the loan process or deal with the borrower directly, and prefer to wash your hands of the transaction by selling the note to a third party.
6. You won’t have to deal with collecting the monthly payments and/or service the note any more.  Additionally, you will not have to worry about a lapse in the property insurance policy, unpaid real estate taxes, destruction of the asset, IRS reporting or payor issues (i.e. Death, divorce)
7. You want to Diversify your portfolio: If you have a significant amount of money tied up in a single mortgage note, selling it can allow you to diversify your portfolio and spread out your investments.
8. You want to take advantage of opportunities: Selling your mortgage note can provide you with the funds to take advantage of other investment opportunities or business opportunities.
9. You want to simplify estate planning: If you are planning your estate, selling your mortgage note can simplify the process by converting a potentially complicated asset into cash that can be distributed among your beneficiaries.
10. Inflation– cash today can be expected to be worth more today than in the future!

We will value of your note on the individual actual asset, location, type and we will need the following information:

1. The original principal balance of the note. (date originated)
2. The remaining principal balance of the note.
3. The interest rate on the note.
4. The term or length of the note.
5. The credit worthiness of the borrower.

The process can be done as quickly as 7 business days but typically around 15 business days is standard.

The money will be wire to the title company where all documents will be exchanged in a safe and secure manner. It typically takes within 12-24 hours for funds to be received.

Absolutely not.  The original note’s terms and conditions will remain the same.  The debtor simply will send their payment to us now.

There are many types of notes that can be purchased, including:
1. Performing notes: these are notes where the borrower is making their payments on time and in full.
2. Non-performing notes: these are notes where the borrower is not making their payments on time or in full.
3. Seasoned notes: these are notes that have a track record of payments being made on time and are considered less risky.
4. New notes: these are notes that have not yet had any payments made on them.
5. First mortgage notes: these are notes where the mortgage is the first lien on the property.
6. Balloon notes: these are notes where the borrower makes smaller payments for a period of time and then a large payment at the end.
7. Real estate mortgages: these are notes secured by a mortgage on a piece of real estate.
8. Contracts for deed / land contracts: these are agreements where the seller finances the purchase of the property and retains title until the buyer pays in full.
9. Deeds of trust / trust deeds: these are similar to mortgages, but involve a third party trustee to hold the title until the loan is paid off.
10. Partial interest: these are notes where the purchaser buys a portion of the note, rather than the whole thing.
11. Full or partial note purchases: these are notes where the purchaser can buy either the entire note or a portion of it.
12. Options contracts for sale / lease purchase agreements: these are agreements where the purchaser has the option to buy the property at a later date.
13. First & second deeds of trust / purchase money mortgages: these are notes where the mortgage is either the first or second lien on the property.

(These are some examples but not limited to):

1. Single family residential – a property designed for and used by a single family for residential purposes. These properties typically have one kitchen, living room, and bathroom, and are located in residential neighborhoods.
2. Multi-family properties – these are properties that have two or more separate living units within the same building. Examples include duplexes, triplexes, fourplexes, and apartment buildings.
3. Commercial properties – these properties are designed for commercial use, and can include office buildings, retail spaces, industrial buildings, and other commercial properties. They are often located in commercial areas and are used for businesses and commerce.
4. Farm and ranch – these properties are typically used for agricultural purposes and can include farms, ranches, and other rural properties.
5. Hospitality – these properties are used for lodging, such as hotels, motels, resorts, and other recreational properties.
6. Condominiums – these properties are similar to apartments but are owned by individuals rather than rented. They often have shared amenities and are governed by a homeowners’ association.
7. Mobile homes with lot – these are manufactured homes that are permanently affixed to a piece of land, rather than being movable like traditional mobile homes.

Improved/unimproved land – improved land refers to land that has been developed with buildings and infrastructure, while unimproved land refers to undeveloped land with no structures or improvements