The Note Company                    Dedicated Professional Service

 

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We Buy Mortgage Notes - Business Notes - Land Notes - Structured Payment Arrangements

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Frequently Asked Questions

1. What is a note?  A written document that issues a promise to pay, and an explanation of the  terms which include the dollar amount, interest rate and length of time the note is in effect. A note can be applicable to residential property, commercial property, land only, a business with or without property, structured payment settlements, etc.

  2. Do you have a minimum or a maximum limit on the dollar amount of the notes you will
  purchase?
No, we have no minimum or maximum on the dollar amounts.

  3. Is there a charge for your service? No, there are no charges or fees to receive a quote for your
  note.

  4. How long does it take to receive my funds? Normally it takes 2 to 3 weeks, once we have an
  agreed upon amount. You will receive your funds in the form of a cashiers check.

  5. How is my note value determined? The value of your note is based on a number of factors:

  • Down payment

  • Interest Rate

  • Payment Amount

  • Term - Length of Note

  • Note Payor's Credit rating

  • Payment History

  • Type, Condition and Value of Property

6. Does the sale of my note affect the payor? No! As a matter of fact the sale of your note never changes any terms of the note contract. The payor will get the same terms as the original note contract.

 

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