Buy And Sell Notes Apr 2026

Even if the note is for $100k, if the house is only worth $80k, you are "underwater." Note buyers look for a "protective equity" cushion.

If you buy a "second" mortgage and the "first" mortgage forecloses, your investment can be wiped out completely. buy and sell notes

When a property is sold via , the seller carries the mortgage for the buyer. The legal document created is a Promissory Note , secured by a Deed of Trust or Mortgage . Even if the note is for $100k, if