Advice on the mortgage note of sale. You can search online for mortgage buyers, cash flow note buyers, and deed of trust buyers. Ask a real estate agent if they know of any private mortgage buyers. Ask a real estate attorney because they deal in creating private mortgages and selling them. Search for articles and blogs.
TIP NUMBER ONE: Read articles and blogs on the best ways to sell your mortgage. You can do this by going to EzineArticles.com and searching through their categories like the real estate category, finance category and going through the subcategories. Read the titles and descriptions of the articles. Once you’ve found a good article, click on it and skim if it sounds good, read it again. Work your way through a few articles and you’ll start to get a good idea about selling your mortgage. Blogs are a great way to learn how to sell your mortgage, how to do it is easy and just takes some time. Here’s how to search for blogs. Go to Google and type “sell mortgage note blogs”. Use the parentheses because it will narrow down your search and then read the blogs on those pages.
TIP NUMBER TWO: How to use the online search engine to sell mortgage notes. Go to Google, type sell mortgage note, review those results, and read their content. You can use different search phrases like mortgage buyers, trust deed buyers; buyers of cash flow notes read the content on your pages. Keep in mind that you will come across some of the same websites, so write down the sites you like (their web address) and come back to them when you are done visiting some sites, call them and ask them questions about how the process works.
TIP NUMBER THREE: Contact a local real estate attorney (the one who wrote the note) and ask them the best way to sell your mortgage note. They should be able to give you good information, but they may not be able to because they may not know how to do it. Ask them for a reference. Call at least three attorneys for information and follow the other tips I’ve laid out and you should have a good idea about the best way to sell your mortgage note.
TIP NUMBER FOUR- On how to sell mortgage notes. Contact your real estate agent who helped you sell your property and ask if they know how to sell your note or if they can recommend someone to help you. Same as above, contact at least three real estate agents and find out the best way.
