Want to sell a Florida Mortgage Note?

For over 3 decades our Florida Mortgage Note Investors have paid the highest prices for Florida Mortgage Notes.

If you want to sell a Florida Mortgage Note or note in any other state, you are in the right place.

“Solved Problems!”

“The transaction was handled very well. We appreciate the way you were able to overcome the problems, particularly the lack of cooperation of the payor. We were very satisfied with the outcome.“ J. & B. M., Palm City, FL.

Obviously, you want to know how much money you can expect when you sell your Mortgage Note.

The value when selling your Florida mortgage note is determined by the 3 P’s… The Payor, Property and Paperwork. We’ll discuss each of the 3 P’s.

To make your discussions with a mortgage buyer most productive, gather together the relevant documents before you speaking to anyone.

Or you can fill out the form on this page or give us a call at 772-232-2383. When you speak with us, or any mortgage buyer make sure you’re speaking with someone you can trust. If you have questions about the process or need suggestions on reliable, trustworthy mortgage buyers, give us a call.  See what other note sellers have said about dealing with us here.  You can also check out our 5-star Govogle reviews, here.

While you will not receive the exact amount owed, you can still receive a substantial amount. So how do we determine what a private trust deed is worth? Let’s look at the underwriting process. This is risk-reward business. As Mortgage note buyers, we try to determine the risk involved in buying your trust deed. The less risk involved… the more we will pay.

Returning to the 3 P’s. The First P we need to look at is the Payor.

When selling a Florida Mortgage note, we’ll want to know the credit performance of the borrower both on the note you want to sell and with his other creditors. (We will pull a soft credit report on the borrower). The stronger the credit, the more we can pay.

The second P is the property.

What type of property secures your Florida mortgage? Is it residential. commercial or raw land? What is the address of the property? We will look at the current value of the property as determined by appraisal or BPO.

The third P is the paperwork.

We’ll want to know the sales price, date of sale, down payment, interest rate and date of first payment. We’ll also want a clean title report. If you don’t have one, we will order title work as part of our due diligence.

Information for the 3 P’s are on the promissory note and closing statement.

Our offer for your Florida mortgage note will be net to you with no fees. The offer you receive will be the exact amount of money you will get.

We will develop a customized purchase plan to buy your Florida Mortgage Note. You can sell all of you mortgage note for a full buyout. Then you will no longer receive any mortgage payments and will not have to worry about what happens if the borrower stops making payments.

Or you can sell part of the mortgage note… sell several payments for a specific amount. After we receive the agreed number of payments, the monthly payments return to you.

In summary… here are key factors when selling a Florida Mortgage Note

• Contracts on single-family owner-occupied residences are the most desirable and will receive the smallest discount.
• Notes with borrowers with strong credit are most desirable. These notes receive the highest price.
• Late or missed payments may cause problems
• Over the long haul you will probably do better by selling part of a mortgage note
• Notes with shorter terms are most desirable.
• Your Mortgage note will have the most value in low-interest rate environments.

If you’re ready to sell your Florida mortgage note but don’t know where to start, give us a call at 772-232-2383 or fill out the form below. Our note buyers will answer any question you have about the process, help you decide on mortgage note purchasing companies and get you started on the right track.

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! When thinking that you want to sell your note online, reach out to us. If you want to free up cash in any real 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. You can check out our mortgage note buying process here.

We Buy Florida Mortgage notes across the state. Here are some key markets.

“Thank you, American Funding Group, for an excellent job. Everything went smoothly and quickly. You made me feel like a friend instead of a business client”. Q. E. of Caryville, Florida

“Exceeded Expectations”

“The cash settlement you gave me exceeded my expectations. I would not hesitate one moment to recommend you.” J.S. Ft Worth, Texas

“Courteous & Helpful”

“Thank you, American Funding Group, for all your help on our mortgage sale. Everyone on your team was courteous and you were on top of everything. The transaction was smooth and timely.” P. R., Greensboro, NC

“Great Experience”

“Working with you was a very pleasant experience. Everyone was so helpful. You went out of your way to solve all the problems that came up. You never seemed to get stressed out. It was great dealing with you.“ L.R., Little Falls, New York

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