How To Receive Top Dollar for Your Note
Considering 2023 interest rates and market conditions there has never been a better time to sell a privately held mortgage note, trust deed or land contract. Here are the five important steps to have the best experience during the sale of your note.
Locate your documents; including the note, settlement statement from the property sale and your mortgage or deed of trust. It is important to have complete and accurate information available when you talk with mortgage investors. The more complete your paperwork the better price you can get for your note.
Do your homework. Review your documents for the key points you’ll be asked, such as Note origination date, payments, interest rate and balloon, if any. You can see our simple confidential Fast Quote for more questions you’ll need to know.
Make your decision about selling. If you decide to sell your note we suggest doing business with the company that offers you the best combination of price, service and years in business.
Because of the 2023 economic conditions some businesses have recently turned to notes in an attempt to profit. Those here-today, gone-tomorrow businesses rarely can deliver what they promise. We Buy Notes™ have been helping people with real estate and note solutions since 1995. We also offer a We Buy Notes™ Guarantee to protect your profit and respect your time.
Enter into a purchase and sale agreement with the company you choose to do business with. Before you sign the agreement, be sure to understand who pays the transaction expenses and make sure you are not responsible for any charges if the sale does not go through. (The paperwork used at We Buy Notes™ is fair and attorney approved).
The sale should be closed at a title company or attorney’s office. This is the best and safest option for you because it will provide a third-party closing agent to protect your documents and sale proceeds. It is We Buy Notes™ standard practice to use these closing services to you the note seller for peace of mind.
Taking these steps will provide you with a high purchase offer and give you some good insight into the type of company you will be doing business with. Choosing the best company to work with is as important as receiving the highest sale price.
As of 2023 We Buy Notes™ has one of the country’s highest closing ratios because we put the note seller first. And we make selling a note fast, easy and profitable.
See for yourself
Use our confidential Fast Quote to send the details of your note. In just 8 minutes you can get a free quote so you can get your cash quicker.
It’s simple, costs nothing and you’re under no obligation.
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