Run into stumbling blocks when selling a Florida mortgage? Then you must be curious about how professional note buyers overcome issues in selling a Florida mortgage note.
If the credit of the borrowers is “challenged”,
we may look at only buying part of the mortgage note. And we would probably recommend that you advise your payer to work with a credit repair agency to strengthen the credit. If we just buy part of note and, your borrower improves his credit and/or makes all payments when due, we will buy more of the note.
What if the property value is less then what is owed on your mortgage note?
But, if you are selling a Florida mortgage note with a balloon payment coming up in a short period of time,
We want to know how your payor is going to make the balloon payment when it is due. We will restructure the mortgage note, if need be… pushing the date of the balloon payment out. Or we will buy the mortgage note figuring that the payor will continue to make the regular payment until the note is paid off.
In all cases we will come up with solutions to serve both the borrower and the note holder.
So in conclusion, it it is most important that you deal with a Florida note buyer that you can trust… one that you know has your best interests at heart. And, we would love to work with you to help solve your problem.
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