Need an investor to buy real estate notes in Florida? Well, you’ve at the right place.
An American Funding Group, we have over 30 years’ experience in buying real estate notes. We are located in Florida. And, we love to buy real estate notes in Florida.
So, what are some of the things you should consider when looking for someone to buy real estate notes in Florida?
First, make sure that you’re dealing with someone who has a lot of experience in solving note holder problems.
You want an investor who creates the most benefit for the note holder…someone that other note sellers are really pleased with.
A good way to find that out is to the check out the note buyer’s testimonials and their Google star rating.
Check out what note sellers have had to say about us by clicking, here. And see our 5-star Google reviews here.
I don’t think it’s unreasonable to look for someone who’s got a five-star Google review rating. Be sure to read the testimonials and the Google reviews. You are looking for someone to buy real estate notes in Florida who has clearly established a great rapport with previous note holders. You want to make sure that you’re dealing with someone who has your best interest at heart.
Second, make sure the investor you want to buy real estate notes in Florida is authentic, easily accessible and willing to explain to you the various options available to you in selling your real estate note.
By that I mean, deal with someone in whom you have confidence and therefore are willing to share the reasons for selling your note. For example, in many cases you may be much better off by selling just a part of your real estate note now and more of the note later.
When you are talking with the real estate note buyer. It’s best that you have all relevant documents in front of you. You want to get an offer that “you can take to the bank”. That’s not going to be true, if you’re unsure as to the payment amount, the interest rate, terms of the note or date of first payment.
When looking for a note buyer to buy real estate notes in Florida, be very careful of anyone who makes a cavalier offer on the phone.
I can guarantee you that an offer “off the top of the head” will never hold… as each note, property, payor, property and terms are different.
When a note buyer is looking to buy real estate notes in Florida, he will have to evaluate several factors:
1) The note buyer needs to look at how the borrower performs on his credit obligations… not only on how he has been paying you but also how are his credit scores. The better the credit of the borrower, the more we will pay.
2) What is the value of the real estate securing the note? This will first be established by a computer search, but then verified with a drive-by appraisal.
3) How much does the borrower have at risk if he stops paying on your note? What is his equity position?
4) What are the terms of the note? We generally pay more for real estate notes with higher payments.
We love to buy real estate notes in Florida… and, with over 30 years experience, we promise to provide outstanding customer service and discuss with you all the information you need to make informed decisions. Whether you want to sell your note, or create an owner financed note, or ask any question, call (772) 232-2383, enter your question or fill out the quick form on this page. You can be confident that we will help you in any way that we can.
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