The Note Pro Team

We buy real estate notes in Virginia and nationwide!

  • Home
  • About
    • FAQ
    • NOTE NITE
    • Contact
  • Note Vault
  • Quotes
  • Videos
  • Articles
You are here: Home / Featured Articles / Learn the Value of Your Note

Learn the Value of Your Note

By Bob Bullinger

Wondering just how much your mortgage note is worth?

The value of a note or contract is affected by many factors including the:

  • Down Payment
  • Terms of the Note
  • Buyer’s Credit Rating and Payment History
  • Type of Property Sold and Its Current Value

Since each transaction is unique, we offer a free note analysis based on your individual situation.

Fortunately it is easy to obtain a free evaluation in 3 easy steps:

Step 1 – Gather Copies of Documents

The first step is to gather copies of the documents. The primary documents utilized in the quoting process are:

  • Settlement Statement
  • Mortgage (Deed of Trust, Real Estate Contract etc)
  • Promissory Note, and
  • Payment Record

Hopefully copies are easily accessible with the originals located in a safe deposit box or other secure location for safekeeping. If a seller later decides to sell the payments then the investor will ask for a few other documents plus the appropriate originals at closing. But for now these copies will be reviewed for an accurate quote.

Step 2 – Complete the Quote Request Worksheet

The Quote Request Worksheet, also known as a Mortgage Submission Worksheet, is a simple single page form. This worksheet summarizes the transaction with most of the information obtained from the document copies. It includes details on the property type, buyer, repayment terms, and current balance. (Please visit the Quote Request and Free Note Analysis page to print a PDF version of the worksheet or to submit online).

Step 3 – Send for Review

The third step is to submit the worksheet and the document copies to an investor for pricing. Depending on the investor this might be submitted via email, fax transmittal, or an online submission process.

Most note buyers will provide a free no obligation quote within 48-72 hours. The quote is generally good for 30 days and is subject to due diligence, which includes review of the title, appraisal, insurance, buyer’s credit, and other underwriting items. The more information an investor has up front the fewer “subject to” items they will include with the evaluation.

Click Here to Request a Free Note Analysis!

Filed Under: Featured Articles, How to Sell My Mortgage Note Tagged With: mortgage note, note buyers, selling mortgage notes

  • Home
  • About
    • FAQ
    • NOTE NITE
    • Contact
  • Note Vault
  • Quotes
  • Videos
  • Articles

Connect With Us Online!

  • Email
  • Facebook
  • LinkedIn

meetup note investing

Search This Website

We invite you to contact us!

Please call to receive your free note analysis.

The Note Pro Team
1904 Hunts Neck Court
Virginia Beach, Virginia 23456
Phone: (757) 468-6181

Recent Articles

  • GSE Reform: Housing Finance Savior or Looming Disaster?
  • Land Contracts Explained
  • Rental Like Income w/o Tenants, Toilets or Management Headaches
  • Top 3 Owner Financing Myths
  • Why Sell My Mortgage Note?
  • 5 Reasons Owners Offer Seller Financing
  • Payment Histories Increase Note Values
  • Safekeeping the Original Mortgage Note
  • Avoid Three Seller Financing Mistakes
  • Seller Financing – How Much Can The Buyer Afford?
  • Seller Financed Notes and Interest Rates
  • What is Seller Financing?
  • Use Outside Closings To Sell Mortgage Notes!
  • Sell Property Fast With Owner Financing
  • Can I Sell Part of My Mortgage Note?
  • How to Sell Your Mortgage Note
  • Learn the Value of Your Note
  • Protect Your Mortgage Note
  • Safe Seller Financing Tips

CONTACT US!

The Note Pro Team
1904 Hunts Neck Court
Virginia Beach, Virginia 23456
Phone: (757) 468-6181
Contact Us Today

Copyright © 2023 Note Buyer . . .Privacy Policy . . . Contact Us . . . Log in