Need a note buyer to buy real estate notes?
Then you are at the right place. American Funding Group been buying real estate notes for over 30 years and has built solid trust with other note sellers as we have helped them solve their problems.
But let’s look at what you should consider when searching for an investor to buy real estate notes.
First… make sure that you’re dealing with an experienced note buyer… one with years of experience in overcoming problems which inevitably that occur in selling a real estate note.
So be sure to find someone who has really helped other note sellers… someone that other note sellers have been really pleased with.
Be sure to check out the note buyer’s testimonials and Google reviews
Look for an investor with a five-star Google review rating. And, make sure you read both the testimonials and the Google reviews.
You can see what other note sellers have had to say about us by clicking, here. And while you are at it check out our 5-star Google reviews here.
When looking for an investor to buy real estate notes, you want to work with a buyer who has created rapport with other note sellers. You want to deal with someone who has your best interest at heart. Again be sure to check out your buyer’s testimonials and Google reviews.
Second, make sure you find an investor to buy real estate notes who is easily approachable and wants to make sure you understand all options available to you when selling your mortgage note.
Only work with san investor in whom you have confidence and who you are comfortable in sharing the reasons for selling your note. You may find out that you are better off by selling just a part of your real estate note now and more of the note later.
When discussing the details of your real estate note, you need to provide accurate information. You want to get an offer that you “can take to the bank”. Make sure that that you have at least the closing statement and promissory note in front of you as you have that discussion.
When taking with buyers to buy real estate notes, stay away from anyone who makes a cavalier offer on the phone. I guarantee you that any “spur of the moment” offer will never hold… as each note, property, payor, property and terms are different.
As an investor is looking to buy real estate notes, he will analyze several things.
1) How does the borrower perform on all his credit obligations? Is he paying you and other creditors on time? The stronger the credit of the borrower, the less risk and the more your real estate note will be worth.
2) What is the value of the real estate which is securing your real estate note?
3) What does the payer have to lose if he defaults on your note? What is his equity position?
4) What are the note terms? In general, notes with higher interest rates and higher payments are worth more.
At American Funding Group, we love to buy real estate notes… and, with over 30 years experience, we promise to provide outstanding customer service and provide you with all the information you need to make the best decision.
If you want to sell your note, create an owner financed note, or ask any question, call (772) 232-2383, enter your question here 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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