What type of real estate note do you hold? Perhaps you toted the note for a family member or friend, or maybe you owner financed a home to sell quickly for relocation purposes. Maybe it’s a single family home, a luxury home, a condo, apartment or an entire apartment complex. Whatever note you have, there is a mortgage note buyer out there wanting to take it off your hands for a nice big stack of cash.
They really do make things that simple for you to sell real estate note. There is nothing wrong with stepping up to owner finance a home, and once the person paying you has proven themselves, the banks want to reward you for initially taking on that note.
You see, they have a business of leveraging assets to hold notes and make a consistent profit. The profit for waiting is a bit higher, which allows them to pay you nicely as well for getting the cash you need now.
While making a consistent rate of interest over a period of years on the mortgage terms once sounded good to you, cashing out now sounds like the best option right? Especially with interest rates going lower, you stand a better chance investing that money elsewhere on your end.