Selling or keeping your mortgage note is a personal matter, and the answer always depends on needs, timing, and preferences. Let’s delve into a real-life example for perspective and understanding. Selling a Note A client of American Equity Funding was interested in...
A mortgage note shows proof of lien or debt for a piece of property and includes both homes and raw elements of land without any buildings. While it is nice to have the investment of a note, there are times that it isn’t feasible, and the note holder can no longer...