We Buy Notes -
Prevent common pitfalls like commingling funds, bad escrow math, or payoff disputes.
Many individuals lack the education to perform deep due diligence. Your business can act as a professional middleman or consultant. we buy notes
Help sellers avoid "cheap mistakes" by setting appropriate interest rates and down payment reserves (e.g., keeping part of the down payment in reserve to risk-proof the deal). 3. Professional Due Diligence & Consulting Prevent common pitfalls like commingling funds, bad escrow
Mandate the use of a Registered Mortgage Loan Originator (RMLO) to handle documentation and ensure the note is marketable on the secondary market. Help sellers avoid "cheap mistakes" by setting appropriate
Provide strategies for buying the note instead of "Subject To" deals when a borrower is 6+ months behind, allowing for faster foreclosure or successful loan modification. 4. Specialized Note Servicing
Position your business as a partner that helps sellers rather than just buying existing ones.
Clearly explain the "seasoning" period—often 3, 6, or 9 months—and how shorter seasoning typically results in a larger discount for the seller. 2. High-Value Note Creation Services