Have you encountered problems in selling a real estate note in Texas? Then you are probably wondering how do professional note buyers overcome problems in selling a real estate note in Texas?
If the credit of the borrowers is weak,
we may look at only buying a portion of the note. And we would probably recommend that you work with your borrower with a credit repair agency to strengthen the credit. And if we just buy part of note, if your borrower makes his payments on time, we will buy more of the note.
But what happens if the value of the property is less then what is owed on your real estate note?
But, if you are selling a Texas real estate note with a balloon payment coming up in a short period of time,
So our question would be how is the borrower going to make the balloon payment when it is due? In many cases, we will restructure the mortgage note, pushing the balloon payment out further. Or we will buy the real estate note assuming the borrower just continues to make his normal 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 Texas note buyer that you can trust… one that you know has your best interests at heart. we would love to work with you to help solve your problem.
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