Justine Halladay

Justine Halladay

Extreme web expert. Hipster-friendly beer advocate. Award-winning analyst. Devoted coffee aficionado. Freelance twitter advocate. Total bacon evangelist.

63 Posts Written
How much does it cost to buy a mortgage note?

How much does it cost to buy a mortgage note?

The cost will vary based on several factors, including the age of the note, payment history, loan-to-value ratio, and...

Can you buy someone's mortgage debt?

Can you buy someone's mortgage debt?

An affordable mortgage allows someone to find a home they want to buy and take over the seller's existing mortgage loan...

Do mortgage notes get recorded?

Do mortgage notes get recorded?

Therefore, whoever is the borrower of the promissory note is personally responsible for repaying the debt to the lender....

Is the lender the mortgage holder?

Is the lender the mortgage holder?

The owner of the mortgage, also called the holder of the mortgage or the promissory note, is the entity that owns your...

Is the lender the note holder?

Is the lender the note holder?

When a borrower cancels a mortgage, the note holder gives it to the borrower. This means that the house is yours, free...

Why Sell My Mortgage Note

Why Sell My Mortgage Note

When a home buyer borrows money to buy a property, they will typically sign a mortgage note. This is a legally binding...

How do you value a mortgage note?

How do you value a mortgage note?

The task of a business appraiser when valuing a private promissory note is twofold. First, they must determine a market...

Can you buy your own mortgage debt?

Can you buy your own mortgage debt?

So, while you can't buy your own debt, you can often get discounts on your debt from lenders, collection agencies, and...

How much can you sell a note for?

Although it may vary slightly depending on the buyer of the mortgage note, once the paperwork is processed and completed, ...

Do banks sell mortgage notes?

Do banks sell mortgage notes?

From a banking perspective, banks sell mortgage notes to sell those loans in another market. They can sell notes with or...

Can you buy a note from a bank?

Can you buy a note from a bank?

Investors can often buy these bonds from banks or lenders at a discount and receive an interest rate higher than the...

Who owns the mortgage note?

Who owns the mortgage note?

When a borrower pays a mortgage, the note holder gives it to the borrower. This means that the house is yours, free and...

How do you get mortgage notes?

How do you get mortgage notes?

At closing, the borrower will receive a copy of the mortgage note. This is part of the legal process and helps the...

How do you make money with mortgage notes?

How do you make money with mortgage notes?

Keep in mind that buyers can benefit from purchasing the loans, as they will receive interest on these loans and can...

How much can you sell a mortgage note for?

How much can you sell a mortgage note for?

The value of a mortgage note depends on several variables. Selling a mortgage note is legal and can be done as long as...

Can you buy someone's mortgage from the bank?

Can you buy someone's mortgage from the bank?

However, unlike a firm real estate purchase, you don't own the property when you get a mortgage note. Instead, it becomes ...

What is a note holder in real estate?

What is a note holder in real estate?

A real estate promissory note is created when two parties agree on a transaction that gives one party the capital to...

How much is a mortgage note?

How much is a mortgage note?

The cost will vary based on several factors, including the age of the note, payment history, loan-to-value ratio, and...

Where can i sell my mortgage note?

Where can i sell my mortgage note?

Mortgage notes are financial instruments that define and enforce the terms of a mortgage loan used to purchase real...

How does a note sale work?

How does a note sale work?

A promissory note sale (or loan sale; terms used quite interchangeably) refers to the practice of acquiring part or all...

How do i sell a mortgage note?

How do i sell a mortgage note?

Selling a mortgage note is legal and can be done as long as the borrower is notified during the loan application. Whether ...

Why selling the note is better?

Why selling the note is better?

A note backed by valuable property is worth more to the investor because, in the event of foreclosure or repossession,...

Can anyone buy a mortgage note?

Can anyone buy a mortgage note?

Paper Assets Capital is a bond broker that runs a trading desk and a promissory note fund. You can buy individual real...

How To Sell My Mortgage Note In 4 Easy Steps

How To Sell My Mortgage Note In 4 Easy Steps

Whether you are a note holder, have debt that needs to be paid off, or are just looking to fund your next adventure, the...

Understanding Mortgage Notes: A Comprehensive Guide to Selling Your Mortgage Note for Cash

Understanding Mortgage Notes: A Comprehensive Guide to Selling Your Mortgage Note for Cash

If you are receiving payments on a mortgage note, you may be considering selling it for cash. While this can provide...

What is the difference between a mortgage and a mortgage note?

What is the difference between a mortgage and a mortgage note?

A promissory note is a document between the lender and the borrower in which the borrower agrees to repay the lender, it...

Who holds the mortgage and promissory note?

Who holds the mortgage and promissory note?

The promissory note, a contract separate from the mortgage, is the document that creates the loan obligation. This...

Can you sell a promissory note to a bank?

Can you sell a promissory note to a bank?

If you are the holder of a promissory note, you may be able to sell it in cash. However, you will sell the ticket for...

Who buys mortgage notes?

Who buys mortgage notes?

Typically, a mortgage note is sold to a buyer when the seller no longer wants to wait for payments and needs a lump sum...

Can notes be bought and sold?

Can notes be bought and sold?

Promissory notes are available through ticket exchanges, bond brokers and organizations. Notes with and without...

How do i get a mortgage note?

How do i get a mortgage note?

The mortgage note is part of your closing documents and you will receive a copy at closing. If your closing papers are...

Is a note and title the same thing?

Is a note and title the same thing?

If you buy a property and have a promissory note, the promissory note is related to the lender and the title is related...

What else is a mortgage note called?

What else is a mortgage note called?

Banks and borrowers often accept these notes during the mortgage process. The mortgage note is usually accompanied by a...

How does buying mortgage notes work?

How does buying mortgage notes work?

When you buy a promissory note and mortgage from the lender, you are buying the debt that remains to be paid on the...

Evaluating Your Financial Needs: When Should You Consider Selling Your Mortgage Note?

Evaluating Your Financial Needs: When Should You Consider Selling Your Mortgage Note?

Selling your mortgage note can provide immediate financial relief, but it is important to carefully evaluate your...

Who holds the note in real estate?

Who holds the note in real estate?

In the contract, it dictates the terms of the loan, the repayment schedule, the interest rate, the repayment period and...

Can i sell a mortgage note?

Can i sell a mortgage note?

Selling a Mortgage Promissory Note A mortgage note is usually sold to a buyer when the seller no longer wants to wait for ...

What is your mortgage note?

What is your mortgage note?

A mortgage note is a legal document that sets out all the terms of the mortgage between a borrower and his lending...

Become a Note Broker

Become a Note Broker

Note brokers seek out note holders receiving payments from real estate-secured deeds of trust or mortgages and connect...

How to sell my mortgage note?

How to sell my mortgage note?

Selling a Mortgage Promissory Note A mortgage note is usually sold to a buyer when the seller no longer wants to wait for ...

What is a copy of mortgage note?

What is a copy of mortgage note?

At closing, the borrower will receive a copy of the mortgage note. This is part of the legal process and helps the...

What is the value of a mortgage note?

What is the value of a mortgage note?

The amount of the capital of the property. As a percentage of the value of the property, this includes the down payment...

Can you sell a mortgage note?

Can you sell a mortgage note?

Selling a Mortgage Promissory Note A mortgage note is usually sold to a buyer when the seller no longer wants to wait for ...

Where do i get a mortgage note?

Where do i get a mortgage note?

If your closing papers are lost or they are destroyed, you can get a copy of your mortgage note by searching the county...

The Tenant's Perspective: Indianapolis Commercial Property Management

The Tenant's Perspective: Indianapolis Commercial Property Management

In the realm of commercial property management in Indianapolis, understanding the tenant's perspective is crucial for...

Is a mortgage note the same as a deed?

Is a mortgage note the same as a deed?

The note is an unregistered document that binds a person who has assumed a debt through an instrument of promise to pay....

How much should i invest in mortgage notes?

How much should i invest in mortgage notes?

Investing in mortgage notes is the process of owning. investing in mortgage notes is a great way to invest in real estate ...

The Mortgage Note Selling Process: A Step-by-Step Guide to Successfully Selling Your Mortgage Note

The Mortgage Note Selling Process: A Step-by-Step Guide to Successfully Selling Your Mortgage Note

Selling your mortgage note can provide immediate cash flow and eliminate the need for ongoing payments. However, the...

Do banks buy mortgage notes?

Do banks buy mortgage notes?

Some banks withhold mortgage debt and collect interest and principal payments themselves, but to free up cash, some banks ...

How do mortgage notes work?

How do mortgage notes work?

Mortgage notes provide lenders with security during the loan process, since without the promissory note, borrowers would...

How do you get a copy of your mortgage note?

How do you get a copy of your mortgage note?

If your closing papers are lost or they are destroyed, you can get a copy of your mortgage note by searching the county...

How does selling a note work?

How does selling a note work?

Selling a Mortgage Promissory Note A mortgage note is usually sold to a buyer when the seller no longer wants to wait for ...

What is the difference between a mortgage and a mortgage deed?

What is the difference between a mortgage and a mortgage deed?

A mortgage is a legal agreement in which the owner of a property gives another person their property to keep as...

How do notes work in real estate?

How do notes work in real estate?

A real estate promissory note is simply a promissory note secured by the property. In a conventional real estate...

Sell my mortgage note?

Sell my mortgage note?

Selling a Mortgage Promissory Note A mortgage note is usually sold to a buyer when the seller no longer wants to wait for ...

What does a mortgage note do?

What does a mortgage note do?

A mortgage note is a legal document that sets out all the terms of the mortgage between a borrower and his lending...

Who signs the promissory note and mortgage?

Who signs the promissory note and mortgage?

While a promissory note, loan agreement, and mortgage are evidence of a debt owed by the borrower to the lender, the loan ...