If you’re looking to sell your Florida mortgage note, here are five Steps to get best price for a Florida mortgage note.
1. Determine the unpaid balance of your mortgage note:
Calculate the remaining balance of the mortgage by factoring in the interest rate and the term of the loan. You can find this on your amortization schedule. Or you can also consult with a professional note buyer who can help you determine the balance. If you’d like you can call us at 772-232-2383 or fill out the form on our website.
2. Find a reputable note buyer:
Look for a reputable note buyer who has experience in the industry and a track record of successfully purchasing Florida mortgage notes. You can ask for recommendations from friends and family or do some online research to find potential buyers. Make sure you are dealing with someone you can trust, someone who has your best interests at heart. Along those lines, check out or testimonials and check out our Google reviews.
3. Get multiple quotes:
Get quotes from multiple note buyers to compare their offers. Make sure to consider not only the purchase price but also any fees or costs associated with the sale. The offers you receive from American Funding Group will never have any fees for you.
4. Don’t be afraid to negotiate:
Once you have received multiple quotes, negotiate with the note buyers to see if they are willing to increase their offers. Don’t be afraid to ask for a higher price or for better terms for your Florida Mortgage note.
5. Close the deal:
Once you have agreed to a sale price, make sure to carefully review the contract and ensure that all terms and conditions are favorable to you before closing the deal. To expedite the transaction, we till generally send a mobile notary to your location to obtain your signature at closing.
By following these steps, you can maximize value and get the best price for a Florida Mortgage Note.
As mortgage note buyers for over 30 years, we have been helping note holders just like you in all kinds of situations… from selling a private mortgage, selling a private trust deed, or selling almost any owner financed note. We are here to help! If you want to free up cash in anyreal estate note you own… we will help! If you’d like to speak with someone before submitting your note information, just give us a call today at (772) 232-2383. Or check out our mortgage note buying process here.
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