Where do I find mortgage notes?

Question

I am interested in finding mortgage notes. Where do I go to find them? And how do I sale them?

Answer 1

You may find notes in several different ways.

#1 Advertise for them in your local newspaper.

#2. Go to your local county court look through the recorded deeds for mortgage notes that were apparently owner financed or at least owned by an individual.

#3 Advertise through local real estate agents and mortgage brokers that you will take owner carry back mortgage notes off the table.

Now to sell them that is a different horse to ride all together. There are many companies that purchase mortgage notes, but they normally want you to sign up and go through one of their courses to become a note seller for them.

Of course you can do the adverising in the local newspaper that you sell mortgage notes.

Find a real estate publication in your local area, and advertise in it that you are now in the business of selling mortgage notes.

You should find a book located at your local book store on buying and selling owner carry back and mortgage notes. I forgot the authors name. You might also find it listed in your local library.

I hope this has been of some use to you, good luck.

"FIGHT ON"

Answer 2

The Note Factory is a great source of mortgage notes for both buying and selling easily.

I have been doing such business for 3 years now. I took helps and services from many sites available in the internet. I recommend you to try with this site TheNoteFactory which is providing the services for buying and selling mortgage notes. I hope The Note Factory will help you.

Answer 3

You can start off by trying to sell them, not "sale" them. I would stop reading the gimmick ads in the paper and watching late night info-mercials.