Our initial review typically takes 24–72 business hours once we have enough information to evaluate your note. That is only the first stage — it is separate from buyer due diligence and closing, which depend on title work, document verification, property valuation, and the buyer's underwriting. We do not guarantee an offer or a closing date; timelines vary with each note and buyer.
The stages of a note sale
Initial review (24–72 business hours)
Once you submit your loan terms through the evaluation form or by phone, we review the balance, rate, term, payment history, lien position, and property to gauge marketability. This stage tells you whether buyers are likely to be interested — it is not an offer.
Buyer due diligence
After you review options and choose to move forward, the buyer verifies the chain of title, reviews the recorded security instrument and payment history, and orders a property valuation (drive-by or BPO). The length depends on the title company, the property, and document completeness.
Closing & funding
Closing happens through a licensed title company. You sign the assignment, endorse the note, and once the assignment is recorded the title company wires your proceeds directly to you. See the full process in our complete seller guide.
What can extend the timeline
- Missing or unrecorded documents. A lost original note or unrecorded deed of trust must be resolved before closing.
- Unclear title. Gaps in the chain of ownership or competing liens require title curative work.
- Hard-to-value property. Unique or rural properties can take longer to appraise.
- Borrower in default. Non-performing notes may need additional workout analysis before a buyer commits.
What to have ready
- Unpaid balance, payment, rate, and term
- Property address and type
- Lien position and any balloon details
- Payment history / seasoning
- Contact details and preferred communication method
Frequently asked questions
How long does it take to sell a real estate note?
Our initial review typically takes 24–72 business hours once we have enough information to evaluate. That is separate from buyer due diligence and closing, which depend on title work, document verification, property valuation, and the buyer's underwriting. We do not guarantee an offer or a closing date.
What's the difference between the initial review and closing?
The initial review is our first pass at your note's terms and marketability — it tells you whether buyers are likely to be interested and at what approximate structure. Closing is the final step: title commitment, assignment, endorsement, recording, and funding. Closing only happens after you accept an offer and the buyer completes due diligence.
What can slow down the process?
Missing or unrecorded documents, an unclear chain of title, incomplete payment records, a property that is hard to value, or a borrower in active default can all extend the timeline. Gathering your documents early — see our documents checklist — shortens due diligence.
Do you guarantee a closing date?
No. We do not guarantee an offer, a price, or a closing date. Timelines depend on the note, the buyer, the title company, and factors outside our control. We keep you informed at each stage so you know where things stand.
Can I speed up the evaluation?
Yes — submitting complete, accurate loan terms up front helps. The more we know about the balance, rate, term, payment history, lien position, and property, the faster we can complete the initial review and present options.
Start Your Note Evaluation
No upfront fees and no obligation. Submit your terms and we'll complete an initial review within 24–72 business hours.