Note Seller FAQ
Will it cost me anything to get a quote?
There is no cost or obligation to get a quote. Just call us or complete the online form and we’ll give you an exact quote of how much cash we will give you for your note.
Will it cost me anything to sell my note to you?
How long will it take to get my cash?
How does the purchase process work?
Where will the closing take place?
What documents do I need to give you?
We will also need proof of on-time pay history, typically copies of the checks or post-marked enveloped. If those are unavailable, we can sometimes use your bank statements showing the deposits made each month.
It will speed up the process if you also give us any previous appraisal or title work that you may have.
Prior to closing, we will call the homeowner’s insurance agent to have our name added to the property insurance as a mortgagee insured.
Are you going to contact the payor on the note?
Can you still buy my note if payments have been late?
What if the property taxes are delinquent?
Does my spouse have to sign the Note Purchase Agreement?
Do you buy land contracts?
Yes, we buy land contracts. In some cases, we may want to help you convert the contract to a mortgage or deed of trust prior to our purchase.