Types of Notes
Types of Notes Your PaperBroker purchases many types of notes, including: Non-Owner Occupied These are single-family homes in good condition, vacant, rentals, or fixers. Multi-Family Rental units such as duplexes, multiplexes, and apartments. These can be cash flowing or a non-performing asset. Commercial These range from apartment complexes to office buildings to retail buildings. Performing …
Read More Why Sell Your Note?
Why Sell Your Note? No More Borrower Management There are a few reasons to sell your note. Note holders make their money through loan payments, which at times can create their own issues. For example, the borrower can fall into default with their loan payments, meaning no money for the note holder. In cases like …
Read More What is My Note Worth
There are a lot of factors that go into determining the value of a mortgage note. Factors such as loan amount, loan term, the type of property, lien position, and loan status can all impact the value of a note. Is the note performing for example? The PaperBroker buys delinquent loans, but getting a borrower …
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