National Note Buyers
ONCE AGAIN…, OUR MISSION.
The mission of our firm is to serve all of our clients with the highest levels of customer satisfaction, providing price competitive services delivered on time, NATIONAL NOTE BUYERS offers our services to owner financed mortgage note holders and we are actively seeking to purchase RESIDENTIAL & COMMERCIAL MORTGAGES & TRUST DEEDS along with other structured payments arising from legal settlements, annuities, lottery winnings and other type of payment contracts including but not limited to inheritances etc. We offer our clients swift and efficient services relating to alternate methods of financing along with the highest standards of integrity and professionalism in every facet of our business operation.
We will underwrite all notes and close a purchase very quickly, provided we have a complete loan file including the required documentation to provide us with the ability to give out customer a quote, and we will look forward to serving you in a professional manner.
OVERVIEW OF DISCOUNT MORTGAGE FUNDAMENTALS:
Most people are not aware of the fact that in today’s market there are a substantial number of Real Estate transactions that have seller financing.
More and more in today’s market, with the changing interest rates and with lending done by private investors it is wise for home sellers to think about holding paper when they want to sell their homes fast. In most cases, sellers and individuals holding paper would like to receive cash for their note, and they could probably accomplish this with NATIONAL NOTE BUYERS. Even those individuals who wanted to carry back the paper on a long term basis will have events that occur in their lives which will make it necessary for them to sell all or part of their notes.
If you are holding/or want to create another note, there are a few terms you should be aware of.
They are as follows:
- Discounting of mortgages
- Time Value of Money
- Present Value
- Future Value
- Simultaneous Closings now called TRANSACTIONAL FUNDING