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If you’re thinking about selling your promissory note – that is, converting your promissory note into cash in Decatur, you need to be aware of some of the steps involved. Otherwise, the process can easily become confusing and overwhelming. The tasks and tips laid out here apply to real estate notes, land notes, mobile home […]

Selling a mortgage note and choosing the right note buyer is a big decision, with financial implications that may impact your life for many years to come. Working with a trustworthy note buyer is imperative when it’s time to sell a note in Decatur. With the burgeoning number of companies that buy mortgage notes all […]

Usually, private mortgage holders sell their note in order to deal with urgent financial needs that require a large sum of money. The reasons include paying off debt, taking care of medical bills, paying college tuition, paying legal fees, and so on. There are, in fact, no restrictions on how you can spend the money […]

A mortgage note is simply a mortgage in which the person receiving the monthly mortgage payments is a private individual rather than a traditional lending institution like a bank, credit union, or mortgage company. The mortgage note, then, is basically a lien against the property that is, in turn, the collateral for the note. Sometimes, […]

Unsophisticated real estate investors might find the buying and selling of private mortgage notes a bit intimidating. After all, you become the bank and must have the ability to execute a long-term strategy in some cases while keeping liquidity options available for short-term needs. That’s right, mortgage notes are a niche that often quickly move […]

When you made the decision to invest in real estate, you began gathering a ton of information on market conditions, financing for flips and how to maximize your returns on different types of investment strategies. Those in your circles talk about finding distressed properties, finding value properties to rent and even development. You may hear […]

Selling a mortgage note is a big decision. With so many companies out there offering to buy, it can be difficult to know who is a reputable note buyer in Decatur. Before you agree to work with anyone, make sure to do your research on all potential buyers. There are a few key things to […]

Mortgage notes are an interesting real estate portfolio holding. Private notes in Decatur are common among borrowers who might not be eligible for traditional lending channels such as banks and credit unions. Investors like the control of mortgage notes, being able to choose whether to keep the note for an extended period of time or […]