How to Value a Mortgage Note in Florida

If you are holding a Florida real estate  note,  you might be wondering how to value a mortgage note in Florida… how much can you sell it for?

The question is: how does a real estate note buyer value a mortgage note in Florida.

There aren’t any “cookie cutter” solutions in determining value of a real estate note,  but in this blog post we’ll discuss many issues that are  looked at to determine the value of a mortgage note.

How To Value A Mortgage Note In FL

The below factors influence the value of every mortgage,  and they are all important in determining the value of a  note.  Perhaps your best strategy would be to get in touch with us and we will help you understand how we use our 25+ years as note buyers to determine the value of your Florida mortgage note.  Reach out to our team by clicking here or by calling (772) 232-2383.

Factors Considered:

  • One of the factors used to value a note is the amount still owed on the mortgage
  • Also important are the terms of a note…  generally, we will pay more for a note with a larger payment.
  • Another key is whether the note is performing or non-performing (a non-performing note is one where the payer isn’t paying the mortgage… but non-performing notes may still have value!)
  • Another ingredient in valuing a note is what is the note position (such as a first position, second or third position).
  • Another factor used in determining  value a mortgage note in Florida is  how much equity is in the note (how much money does the payer have at risk (what will he lose) if he defaults on the note)

As you can see, there are many items that can go into how to value a mortgage note in Florida. Even the economy and the location of the property will plays a factor in the value of the note, as houses in some neighborhoods might be worth more than houses in other areas.

If you want to learn more about notes, and how we value them, simply click here and enter your information on the next page to get in touch with us.

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