Selling a real estate note involves 5 straightforward steps: (1) Gathering basic loan terms, (2) Submitting for a free evaluation, (3) Reviewing buyout options (full or partial), (4) Underwriting and title due diligence, and (5) Closing through a licensed title/escrow company with funds wired directly to you.
The 5 Steps to Selling Your Real Estate Note
Gather Your Initial Note Information
You do not need original documents on day one. To get started, you simply need key summary figures:
- Current Unpaid Principal Balance (UPB)
- Monthly principal and interest payment amount
- Note interest rate and whether it is fixed or adjustable
- Maturity date and any balloon payment details
- Property type (single-family, multifamily, commercial, or land)
- Payment seasoning (how many payments the borrower has made)
Submit for a Free Evaluation
Submit your terms online via our Free Note Evaluation Form or call us at 877-401-5729. Our team conducts an initial review within 24–72 business hours to calculate current market pricing based on loan-to-value, yield expectations, and seasoning.
Evaluate Full vs. Partial Buyout Options
A nationwide brokerage model gives you choices. You can sell 100% of the loan for maximum lump sum cash today, or choose a partial note sale (selling the next 36, 60, or 120 payments) to meet your immediate cash goal while retaining the future loan balance.
Underwriting & Title Due Diligence
Once an agreement is reached, the buyer orders title commitment from a licensed title company. Underwriters verify the chain of title, verify recorded mortgages or deeds of trust, review the borrower's payment history, and order a property value drive-by or BPO (Broker Price Opinion).
Licensed Escrow Closing & Direct Wire Funding
Closing occurs through escrow. You sign the Assignment of Mortgage/Deed of Trust and endorse the Promissory Note. Once recorded, the title company immediately wires your proceeds directly to your bank account.
Document Checklist for Closing
Having these documents ready will expedite your closing timeline:
The executed note signed by the borrower at inception.
The county-recorded security instrument proving your lien priority.
Bank deposit records, canceled checks, or third-party servicing statements.
Proof that the underlying property is properly insured with you listed as loss payee.
Helpful Note Seller Guides
Dig deeper into the topics that affect your sale. Each guide links back here and to the others so you can move between them easily.
Understand Your Note
What Is a Real Estate Note?
The basics of promissory notes and security instruments.
Read guideWhat Determines Note Value
The factors that drive pricing in the note market.
Read guidePerforming vs. Non-Performing
How payment status affects marketability and pricing.
Read guideSelling a Note With Late Payments
How delinquency and collateral affect the review.
Read guideExplore Your Sale Options
How Do I Sell My Note? (6 Steps)
A quick 6-step overview of the process.
Read guideFull vs. Partial Note Sale
Compare selling your whole note or just part of it.
Read guideSelling an Owner-Financed Note
What makes seller-financed notes sellable.
Read guideSelling a Note With a Balloon
Maturity dates and refinancing uncertainty.
Read guideReady to Review Your Note?
There are no upfront fees, no obligations, and no high-pressure sales tactics. Let our team analyze your note and explain your options clearly.