First, you may have to pay for the appraisal. Rich Dad Real Estate Seminar This is called “bait and switch,” and it isn’t ethical. The buyer of your property will have the same terms and payments. You should be able to find many note buyers who will check your buyers credit and give you a quote without charging you. Making Money With Real Estate Processing time varies, so ask. It is common for note buyers to pay 20% to 30% less than the current balance on the note. 6. Rich Dad Poor Dad You’ll need to provide information like the type of property, sale price, payment amounts, current balance, etc.

The point is that the buyer is making payments to you, and you want to cash in.People sell real estate notes to raise cash quickly. Making Money With Real Estate You know you won’t get the full face value for your note, but will there be other fees you have to pay too? How do you know if the buyer is reputable? What is a normal discount on a note? Here are some guidelines to follow: 1. No upfront fees. I’ll let them explain why. Contact several note buyers for quotes. “Seasoned” notes sell for more too. No other fees, with a couple exceptions.

Sell Real Estate Notes A real estate note is just the loan document created when you financed the sale.