What are Real Estate Notes?
Mortgages, trust deeds, and land contracts can be excellent investments. These investments are all called different things in different states but they all represent the same thing: a way of selling property where the Purchaser "borrows" from the Seller rather than paying cash upfront or borrowing from a bank. You may also know real estate notes as:
- Notes
- Trust Deeds
- Contract for Deed
- Deeds of Trust
- Seller Take-Backs
- Owner-Financed Mortgages
- Privately Held Loans (Mortgages, Trust Deeds, etc.)
All of these vehicles are referred to as seller take-back financing and are a written contract between a person who has sold property and the person who bought the property. Taking-back financing is a great way to sell property and is a common practice across the United States.
Note Owners Beware!
When it comes to the benefits, opportunities, and risks associated with mortgages, trust deeds, and land contracts there is a lot to understand. There are things you must do yearly to protect your investment. Plus the minute you have a non-paying owner to your property, your investment, if you choose to sell it, becomes less valuable! This website and our Note Owner’s Guide were developed to help people just like you who:
- will be selling property or
- are receiving monthly payments on a property they sold (mortgages, trust deeds, or land contracts).
With Notes You Have More Options Than When You Sold Your Property!
When you sold your property, you probably expected cash at closing and would have liked to sell your property without contributing to the sale. Taking-back financing; however, provided a quick and inexpensive way to sell your property at a good price and without the limitations, guidelines, restrictions, hassles, and delays of bank financing.
This investment also now provides you with some monthly income at a good interest rate – hopefully.
If you own a real estate note created when selling a property, REMI KNOX can help you turn that note into top-dollar cash today! REMI KNOX has Cash Flow Specialists who work with private investors to liquidate their cash flow notes. You can sell your cash flow notes TODAY for cash. Let us show you how! Our network of investors is standing by, waiting to make estimates on notes of all property types. Remember, REMI KNOX can buy all or part of your note.
To sell your note, click here! Additionally, explore our website and our Note Owner’s Guide to learn how to protect your investment or how to quickly and easily cash it in and get a great price for your note.
What Are My Cash Options?
Do you need cash right now? You don’t have to sell your whole mortgage and note. You have options:
- You can sell the whole note, or
- You could sell some of the note payments and keep some of the remaining payments yourself.
When we provide your free appraisal, we’ll give you a number of cash options to consider. You can choose what is best for you!
| Options |
Allow You to ... |
| Full Purchase |
Sell all of your remaining payments for cash now. |
| Partial Purchase |
Sell any number of your scheduled payments and receive the remaining payments in the future. |
| Balloon Purchase |
Sell some or all of the payments; and either sell or retain all or part of the balloon payment. |
| Multi-Stage Payout |
Receive a lump sum at closing, plus receive a guaranteed payment at a set future date. |
| Reverse Partial Purchase |
Receive cash at closing for the sale of future payments, plus you receive the next up front (number) of payments when due. |
| Split Partial Purchase |
Receive cash at closing for the sale of a portion of each of the future payments, plus receive the remaining part of each payment when due.
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For questions about real estate notes, review our Frequently Asked Questions!
For More information Click Here >>
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