• It is a written document that states a promise to pay someone for the sale of an asset(like real estate). It also indicates the terms of the contract which include the amount, interest rate, and length of time in which to fulfill this promise and is usually secured by some type of property, i.e. like real estate.  A Note is commonly referred to as a Promissory Note, Real Estate Note, Cash Flow Note, Private Mortgage, Secured Land Contract, Private Loan, Trust Deed, Deed of Trust, Real Estate Paper, Mobile Home Note, Business Note, Commercial Note, etc...
  

2. How can I determine if I have a Note?

• If you are receiving regular (monthly) payments from someone because of a written agreement that was made due to the sale of an asset (like real estate) to them, then you most likely own a Note.  If you have more than one Note on which you are receiving payments, this is often referred to as a Note Portfolio.  Our buyers are also interested in buying these portfolios as well so if you have one you would like to sell, please feel free to Contact Us.
  

3.  When and how is a Note created?

• In most cases, a Note is created when a buyer does not have all of the money to pay for an asset (like real estate) on the spot, so instead of taking out a loan with a bank or other financial institution, they borrow the money from the seller of the asset with the promise to pay them back over an agreed upon period of time (anywhere in between 1 to 30 years is common).  This contract is normally created by a third party Title or Escrow company and is registered at the local county courthouse in order to make the loan and the promise to pay legal and official.

4. What if I want cash now instead of waiting 30 years to get paid back?

• That's where we come in. We work with investors who are interested in purchasing your Note (or your client's Note) from you so you can have the money you need. This way, you don't have to worry about late payments or non-payment any longer! If you have a Note and are considering selling it and wish to find out the market value, you can Submit a Note to us and we'll get back to you with a free no obligation quote.
  

5. Who buys Notes?

• There are thousands of individuals across the country who buy Notes. Just like banks buy mortgages, private buyers buy Notes as investments. They collect payments over time for a steady stream of income.

6. How much is this going to cost me?

• There is no charge to you, the Note holder.  If you have a Note and are considering selling it and wish to find out the market value, you can Submit a Note to us and we'll get back to you with a free no obligation quote.

7. How long will it take before I get my money?

• All deals vary, but normal closing time is 2 to 3 weeks once we have a buyer lined up .

• You can take a look at the Articles & Reports section of our website or Contact Us for more information.

If you have any other questions, please feel free to Contact Us and we will be happy to help you out.