What is A Mortgage Note and How To Sell Yours in Salt Lake City

A mortgage note is simply a mortgage in which the person receiving the monthly mortgage payments is a private individual rather than a traditional lending institution like a bank, credit union, or mortgage company. The mortgage note, then, is basically a lien against the property that is, in turn, the collateral for the note. Sometimes, … Continued

5 Signs of A Trustworthy Note Buyer in Utah

Selling a mortgage note and choosing the right note buyer is a big decision, with financial implications that may impact your life for many years to come. Working with a trustworthy note buyer is imperative when it’s time to sell a note in Salt Lake City. With the burgeoning number of companies that buy mortgage … Continued

Converting Your Promissory Note into Cash in Salt Lake City

If you’re thinking about selling your promissory note – that is, converting your promissory note into cash in Salt Lake City, you need to be aware of some of the steps involved. Otherwise, the process can easily become confusing and overwhelming. The tasks and tips laid out here apply to real estate notes, land notes, … Continued