How do I sell a mortgage that I own?

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How do I sell a mortgage that I own?

I have loaned a homeowner money and took a 2nd lein on their title as collateral, we have defined terms and conditions, how and to who could I sell this to?

2006-11-08 06:58:19 · 2 answers · asked by Caped_Crusader 2 in Business & Finance ➔ Renting & Real Estate

2 answers

There are companies that purchase mortgage notes. However, I believe that you must be in first position. Check out this site
www.aandgnotepurchasers.com

2006-11-08 07:07:49 · answer #1 · answered by tianaramal 4 · 0⤊ 0⤋

There are firms that specialize in this exact sort of thing. I saw a do-it yourself kit somewhere so I am sure if you check around you will find more information.

I fouind a multitude of options when searching "note sale".

2006-11-08 16:19:36 · answer #2 · answered by Anonymous · 0⤊ 0⤋