How would you sell a real estate note to superior Texas note buyers ? We will show you how. First we will look at the key elements in your selection process.
How do you find premier Texas note buyers? You want to find a top authentic note buyer with years of experience and who is sincerely dedicated to providing you with the best possible solution. Where would you begin?
Look for referrals. Do you have friends or associates who have sold a real estate note? If so, what was their experience? Search the internet. Check out Google reviews and read the profiles of real estate note buyers. These Google reviews are excellent guides in finding reputable, reliable, experienced top Texas note buyers.
The next step in finding out how to sell a real estate note to superior Texas note buyers is to have a discussion with the note buyers you have selected. You can learn a lot about a note buyer in a dialogue. We all know what it feels like when dealing with an authentic person, whom we like and who really cares about our situation. And conversely, we all know when we ae dealing with someone who is only interested in making a sale to you.
When you talk with Texas real estate note buyers, be sure to have your documents so you can discuss the real estate note in detail.
Which documents should you have? Try to have all relevant documents, but at least the closing statement and promissory note. Be prepared to give your Texas real estate note buyer, the date of sale, the sales price, the down payment, and the terms of the promissory note.
It would also be a good idea to have the payment history with you. Have the borrowers made all payments on time? If not, what is the current unpaid balance?
When looking to sell a real estate note to premier Texas real estate note buyers, you should know how a note seller will receive maximum money. Therefore, it is necessary to understand exactly how the value of a real estate note is decided.
As with all investments, the value of your real estate note is determined by how much risk the investor must take on. The less risk he determines with your real estate note, the more he would be willing to pay.
How is risk determined? Well, the performance of your borrower in making timely mortgage payments is especially important. If he/she is consistently late in paying your trust deed and other bills it makes your real estate note a riskier investment. The more the payor has at risk i.e., the more equity he has, the less risky your real estate note is for your Texas note buyer. For an accurate purchase offer, your note buyer must have an accurate understanding of all the factors in your real estate transaction.
It’s important to restate if you are looking to sell a real estate note to premier Texas real estate note buyers, make sure you’re dealing with a Texas Note buyer with plenty of experience whom you’ve come to know, like and trust.
American Funding Group is a premier Texas real estate note buyer and we’d like to earn your business. Please check our referrals here and/or you can check our Google reviews here. See that we pride ourselves in helping notes sellers, like yourself, solve whatever problem you have and receive the maximum benefit from the sale of your mortgage note.
As mortgage note buyers for over 30 years, we have been helping note holders in all kinds of situations… from selling a private mortgage, selling a private trust deed, or selling almost any owner financed note… we love to help! Although we are National mortgage note buyers , we love buying notes in Florida and Texas. 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. Or check out our mortgage note buying process here
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