The point is that the buyer is making payments to you, and you want to cash in. Sell Real Estate Notes No upfront fees. If they ask, go someplace else. Note buyers will look at these differently though. Higher interest rates and shorter loan periods will get you more money too. Real Estate Make Money It is common for note buyers to pay 20% to 30% less than the current balance on the note. 3. Some note buyers will buy new or “unseasoned” notes, but if you can wait until six payments have been made, you’re likely to get a much better price. 5. Rich Dad Real Estate Seminar I’ll let them explain why. 6.

Processing time varies, so ask. You can sell second mortgage notes, and other second-place real estate notes as well. Rich Dad Real Estate Seminar Be sure that the note buyer gives you a written purchase agreement with the purchase price and contingencies. You should only pay exactly what these cost the note buyer though. Selling real estate notes can be an intimidating process. The note buyer should check the credit of your property buyer upfront. Rich Dad Poor Dad The first and second place notes can’t add up to much more than 70% of the value of the property, or you’ll be looking at a steep discount Discounts, by the way, will almost always seem steep. You can sell the entire contract, or just a certain number of payments if you want. When you get a quote you like, you’ll have to send copies of the Mortgage or Deed of Trust, the Note, the closing or Settlement Statement, and the Title Policy. Get Top Dollar When You Sell Real Estate Notes Notes with a balloon payment get a higher price. Rich Dad If.