Wondering just how much your mortgage note is worth?
(Learn the Value of Your Mortgage Note)
The value of a note or contract is affected by many factors including:
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- Buyer’s Credit Rating and Payment History
- Type of Property Sold and it’s Current Value
- Down Payment or Equity in the Property
- What is the Pay History of the Buyer
- Terms of the Note
- Buyer’s Credit Rating and Payment History
Since each transaction is unique, we offer a free note analysis based on your individual situation.
Fortunately, we make it 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:
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- Copy of the Mortgage or Deed of Trust
- Copy of the Promissory Note
- Settlement Statement
- Payment Records
We recommend keeping originals located in a safe deposit box or other secure location. If you should decide to sell either all your payments or just part of them, then we will need a few other documents plus the appropriate originals at closing. However, for now these copies will be reviewed to give an accurate quote.
Step 2 – Complete the Quote Request Worksheet
The Quote Request Worksheet, also known as the 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.
Step 3 – Send for Review
The third step is to submit the worksheet and the document copies for a pricing quote. There is No Charge or obligation for this. The preferred method of submission is email; bob@TheNoteProTeam.com
Most note buyers will provide a free no-obligation quote within 48-72 hours. Quotes are generally good for 30 days, and subject to due diligence. This includes review of the title, appraisal, insurance, buyer’s credit, and other underwriting items. The more information we have up front, the fewer “subject to” items will be included on the evaluation.
Click Here to Request a Free Note Analysis!
Please be assured there is no obligation or cost associated with your free note analysis. We keep all information confidential in strict compliance with our Privacy Policy.
We respect that you have choices when selling your mortgage note. Please feel 100% confident in trusting us to help you every step of the way.