Privately Held Notes and Private Mortgage Notes
Today, owner financing has become an established and accepted practice in real estate. And because of the private mortgage industry, owner financing is an even more attractive option that it once was in the past.
You may sell all or only a portion of your privately held note.
You may even sell future payments today while still receiving current payments. We can facilitate the sale of existing private mortgage notes, portfolios of residential or commercial mortgage notes, or can arrange point of sale funding, also called table funding or simultaneous closing.
Residential Notes: Mortgages, Deeds of Trust, or Land Contracts that are created by the sale:
- Residential Properties
- 1-4 Family Units
Commercial Notes: Mortgages, Deeds of Trust, or Land Contracts that are created by the sale of any type of commercial property:
- Office Retail
- Apartment (more than 1-4 family units)
- Vacant Land Notes - Mortgages, Deeds of Trust, or Land Contracts that are created by the sale of any:
- Developed Land
- Undeveloped Land
- Land not designated as a specific use property such as farmland or waste storage.
- This category does not include land that has been improved for development and building.