How do I sell my real estate mortgage note?
We are often asked why should sell my real estate note for less than the note value.
There are a number of reason that you may need money, and money today is worth more than money in the future, this is the time value of money.
The value of your promissory note declines over time as it buy less in the future than it does today. Many do not even know who buys mortgage notes.
There are Investor and there are note brokers.
Note brokers are people who work with note sellers and note investors and take a fee to connect the two together.
Note Investor are private individuals or investment companies that buy notes to produce a steady cashflow.
If you would like to sell your note you can find out more here.
Brokers and Investor typically look for real estate notes or mortgages but they also buy other types of notes too. Some Investors and Brokers deal with business notes or other forms of notes.