Do you want to know what your real estate note is worth?
The value of your mortgage note is dependent upon several factors:
1 – The amount of equity in the property
2- Type of property
3 – Condition and location of the property
4 – Credit rating and payment history of the buyer
5 – Terms of the Note
6 – Note Seasoning
7 – Date, Amount and Interest Rate of Remaining Payments
Calculate an estimated cash value of your mortgage note.
Note, that real estate notes are usually purchased at a discount from the actual mortgage note’s balance.
A discount is the difference between the outstanding balance of your note and the amount that a note buyer would be willing to pay you now to collect future payments.