Selling A Note
There are personal reasons for preferring a lump sum of
cash. This page wil describe some of them and explain
how to sell your note.
Notes may vary from a private mortgage note for residential,
commercial or industrial real estate, marine note,
business note, aircraft note, mobile home note,
equipment note.
There may be a single note or a portfolio of notes.
Some reasons to sell may be:
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Current enjoyment
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To pay off debts
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To fund college costs
-
Other investment opportunities
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Major purchases
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To pay taxes
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Simply tired of collecting payments
-
Inflation:
In 1981, a first class United States postage stamp was
15 cents. In 2003, it is 37 cents.

Other advantages of selling a note.
Today the value of your note(s) will depend on several factors:
-
The collateral securing the note, if any.
-
Number of remaining payments.
-
Interest rate, if any.
-
Credit worthiness of the party making payments to you.
-
Enjoy convenience, liquidity, freedom and peace of
mind.
-
Flexibility:
You may sell a specific number of payments to meet a
certain financial need, or you may choose to sell the
entire note.
How to Sell Your Private Mortgage Note
Submit Electronic Worksheet for a preliminary
evaluation.
If Note Holder accepts preliminary evaluation, our
funding sources will also require the following
documents to fund a private mortgage note.
- Copy of Signed Promissory Note
- Security Instrument - Copy of Recorded Trust Deed,
Mortgage or Land Contract.
- Copy of Title
- Copy of Sales Contract
- Payors' Credit Report
- Closing Statement
- Bill of Sale
- Copy of Insurance Policy Title Insurance, Hazard Insurance-
Prior Mortgage Information
- Verification of Payment History - Copies of Canceled
Checks, Ledger, etc.
- Payors' social security numbers.
- Pictures of the property if available.
- Recent appraisal of property if available.
Documents may be faxed to 1-206-706-8926
Note Seller pays or approves charges deducted at
closing credit check, appraisals, surveys or
other costs.
Other Notes
If you are considering selling a note other than the
private mortgage note, we will be happy to receive
your enquiry over the telephone at 206-706-8673 or
800-930-395.
You may also submit your enquiry on the Contact Us page.
The information you provide will be confidential.
