We provide unbiased advice and information on seller financed notes and trust deed investments. Regardless of your level of understanding, we are here to help and would be glad to hear from you.
Below are frequently asked questions (FAQs) about selling your note.
1What are the typical steps involved in selling my note?
Upon reaching agreement on a purchase price we would open an escrow, similar to when you sold the property. The transaction is recorded and funds are disbursed when the escrow officer has gathered the necessary documents and certified funds. The escrow process is generally two to four weeks.
2How do you determine the amount to pay for my note?
Each note is unique. Your note's value depends on how it is structured, also known as the payment terms. The amount of equity the buyer has in the property and the payer's ability to fulfill the terms of the note are also important considerations when determining value.
3How is the note payer affected when I sell my note?
The only changes for the payer is the person & location they make their payment to. The transfer has no effect on the other terms of the note.