selling notes

/Tag: selling notes
18 10, 2018

Why Are Real Estate Notes Bought and Sold?

2018-10-18T12:38:31+00:00

A noteholder in the world of real estate is the person or party who receives payments on the note. If a noteholder is having difficulty receiving regular and timely payments on the note, or if they are in need of a lump sum of cash, they may choose to sell the note to a real estate investor. They would sell the note at a discount since it is being purchased based on future payments using today’s dollars. The sale of the note provides the noteholder with instant access to cash and removes them from any further responsibility in collecting payments on [...]

Why Are Real Estate Notes Bought and Sold?2018-10-18T12:38:31+00:00