Mortgage Notes and Trust Deeds

Mortgage notes and trust deeds:

Mortgage notes or trust deeds are a legally binding document that offers a mortgage as proof of a debt and describes the terms under which the mortgage note is to be repaid. Most people do not know there are investors, both private and institutional, who will purchase mortgage notes and trust deeds for an amount that is determined on the merits of each individual mortgage note. Mortgage notes and trust deeds come in a variety of forms and merits; they may have bad or good credit, short or long terms, etc. All of these variables plus many others like location and the condition of the home determine the worth of mortgage notes or trust deeds. Selling your Mortgage note is easy:

• First, call us to receive a free no-obligation assessment to determine if your mortgage note or trust deed is saleable and if this sale will meet your financial needs.
• Second, we will take the gathered information on the mortgage note or trust deed and introduce it to the investors that pay the highest prices for that particular mortgage note. I will then package your mortgage note to look professional and pleasing to the investor.
• Third, we will gather 2-3 quotes for you to compare the prices and make a determination on whether or not this meets your criteria and financial goals. After all it's YOUR money!
• Next, if we come to a mutually agreed upon price we can then go to closing. Closing consists of a due diligence period where the investor determines if the information received from us about the mortgage is the same as the factual accounts and that there are no liens against the property. During this phase we will gather documentation on your note and organize the paperwork. I will provide you with a form stating exactly what is needed to close. I will a assist you throughout the entire process to make it easy for you.
• Finally, on the day of closing, your trust deed will transfer to the investor through a Title Company and you will receive your much deserved money through a wire transfer or a bank check. Everything is done legitimately and safe. You receive a lump sum of cash and the investor receives the mortgage.

Question and Answers:

Q. I have real estate notes but they are delinquent (meaning that payments are late or are not being paid at all). Can I still sell this type of note?
A. 1.1. There are many investors that will buy delinquent paper, although the discounts are steeper than that of a current real estate note.

Q. Why should I use you as a broker and not go directly to the investor?
A. 2.1. The answer to this is that there are literally thousands of investors throughout the country. These investors all have different types of note profiles which they like to purchase. I know what these investors prefer and I know who pays the best prices. Because of my knowledge and relationship with the investors, I can get you a great price for your future payments. This service will save you time and money! For example, there is an institutional investor right now that is beating everybody's prices by 5-10% and I know who it is and I have a working relationship with them.

Q. Why do people sell Mortgage notes?
A. 3.1. People will sell their paper for a variety of reasons. Here are some of them in no particular order. To get money for college, new cars, divorce, or to pay down existing debt like credit cards or their home mortgage. Some do not want the hassle of dealing with the monthly headaches of collection, etc. Others may have found a better investment.