How To Sell Mortgage Notes

Frequently Asked Questions

1. What is a mortgage note? 

  1. A mortgage note is a written document that states a promise to pay and the terms which include the amount of the actual  mortgage note, the interest rate and the length of time in which the mortgage note will be paid back. We buy owner financed mortgages, notes & trust deeds. If you want to know how to sell mortgage notes, contact us!

2. Do you know how to buy & how to sell mortgage notes? 

  1. Of course I do, that's my business. In fact, as we previously mentioned, we buy & sell owner financed mortgage notes, warranty & trust deeds, land contracts and even unsecured notes such as lottery settlements.

3. What if I want to sell my note and cash out now, instead of waiting 30 years to get paid back?

  1. That's where I come in. I don't just work with real estate mortgage note investors who are interested in purchasing your mortgage note (or your client's note), I actually buy your note! This way, you don't have to wait or worry about late mortgage payments or non-payment of the promissory note any longer.

4. Who buys owner financed mortgage notes and trust deeds?

  1. Actually, we buy owner financed mortgage notes but there are hundreds of note buyers across the country who buy owner financed mortgage notes. Just like banks buy mortgages, private investors buy mortgage notes as real estate investments. They collect payments from the notes over time for a steady stream of income that we refer to as cash flow note income.

5. How much is this going to cost me to sell my note?

  1. There is no cost to you, the note holder, for selling your note.

6. How long will it take before I get my money?

  1. All mortgage note sales vary, but normal closing to cash out your mortgage note is about 2 to 3 weeks, once we have a note buyer or note investor lined up. We act as the note buyer in most cases but there are cases when your cash out needs exceed our limits. In this case, we have note buyers and mortgage note investors who are eager to invest in your mortgage notes.

7. How do I know I am getting the best deal for my note?

  1. We guarantee the best possible price for your note at no cost to you.  Just like any other business, I am in business to make money. However,  my overhead is low and I have access to funding sources that guarantee the best possible price for your note(s).

8. How much can I expect to get if I sell my note?

  1. When selling mortgage notes, there are factors that impact the value of a mortgage note. One factor being the time value of money. This means that a dollar will always buy more today than it will years from now.
  2. Some other factors we consider when buying mortgage notes are the terms of the promissory note, the payor's credit, the equity in the real estate, the real estate appraisal, closing costs and other factors. It's best to contact us so we can explain your note selling options.

9. How do I get started selling my note?

  1. Select the "Sell Your Note" link to the left and complete the short form to get started. We will call you, usually within 24 hours. However, if you need immediate service, you can call me, Emmett Dixson, directly by telephone at (501) 467-4311 or you can email me your comments! 

10. Have you ever heard about Russ Dalbey's Winning In The Cash Flow Business?

  1. As a matter of fact, yes I have heard of Russ Dalbey's Winning in The Cash Flow Business. I do not make it a habit of making negative innuendos or comments about the competition but I have written a blog on "Russ Dalbey's Winning In The Cash Flow Business".
  2. Most of the companies that I do business with, even the competition, are of good moral ethic and practice business honestly. Unfortunately, there are some companies that are in business to take advantage of others.
  3. My advice would be to investigate any company you plan to do business with. Check with your State Attorney General's Office and The Better Business Bureau in your area. I've never regretted due diligience and I would recommend you do the same.