Overcome issues in selling a Florida Mortgage note

selling a Florida mortgage noteRun 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.

What are the common problem which come up when selling a Florida mortgage?  Well, the first thing that can case a problem when selling a Florida mortgage note is the credit performance of the buyers.

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.

The property type which secures the promissory note is the next important factor to be evaluated.. Generally, we will pay more for a single-family house that the owner/payer lives in then we will for any other type of mortgage note.

What if the property value is less then what is owed on your mortgage note?

Many times, we will buy part of the note.   But we will also question if the appraisal is accurate… double checking all aspects of the appraisal.  In certain cases,we will order a second appraisal to verify or challenge the property value.

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.

To get a fast and fair offer on you Florida mortgage note, please fill out the form on this page.  Or you may call us at 772-232-2383 to learn more about selling a Florida mortgage.
Some Top Florida Markets:
Alafaya | Bartow | Boca Raton | Bradenton | Brandon | Bonita Springs | Brooksville|
Cape Coral  | Clearwater |Crystal River | Dade City | Daytona Beach | Davie |
Defuniak Springs | Deerfield Beach |Deland | Deltona | Fort Lauderdale
Fort Pierce | Fort Myers | Fort Walton Beach | Gainesville | Haines City |
Hialeah | Hollywood | Homosassa | Homestead | Hudson | Jacksonville | Jensen Beach |
Key Largo | Kendall | Kissimmee | Lake City | Lakeland | Lehigh Acres | Leesburg | Live Oak | Marathon | Melbourne | Miami | Miami Gardens | Milton | Miramar | Naples | New Port Richey | North Fort Myers | Ocala | Okeechobee | Orlando | Palm Bay | Palm Coast | Panama City | Pembroke Pines | Pensacola | Polk City | Pompano Beach | Port Charlotte | Port Orange | Port Richey | Port St Lucie | Riverview | Sarasota | St Augustine | St Petersburg | Spring Hill |  Stuart  | Sunrise | TallahasseeTampa | The Villages | Town ‘N’ Country | Vero Beach | West Palm Beach | Westport | Winter Haven | Weeki Wachee | Zephyrhills  |
Looking To Sell Your Mortgage Note?

We can help. Just give us a call or submit the form below and we'll evaluate your note and make you a fair cash offer.

Want To Free Up Cash From Your Mortgage Note?

We want to buy your note. Enter your note facts here and answer a few questions on next page for your FAIR cash offer!
  • This field is for validation purposes and should be left unchanged.

Leave a Reply

Your email address will not be published. Required fields are marked *