Buy And Sell Notes Apr 2026

For performing notes, "seasoning" (a history of 12+ months of on-time payments) is gold. 5. Why Sell a Note?

In physical real estate, you check the roof. In notes, you check the . buy and sell notes

When a property is sold via , the seller carries the mortgage for the buyer. The legal document created is a Promissory Note , secured by a Deed of Trust or Mortgage . For performing notes, "seasoning" (a history of 12+

You must ensure there is a clear, legal paper trail from the original lender to the current seller. If the "allonge" (the endorsement) is missing, you may not legally own the debt. For performing notes