There are many names for a mortgage note or promissory note so, for the sake of clarity, this is a list of terms that all describe the same thing: a promise to pay or I.O.U. between a seller and a buyer.

cash flows
debt instruments
discounted notes
discounted paper
discounted mortgages
discounted cash flows
discounted trust deeds
mortgage notes
notes
owner financing
paper
private financing
private mortgages
private notes
private trust deeds
promissory notes
real estate notes
receivables
seller carrybacks
seller financing
seller-held mortgages
seller trust deeds

You can find all sorts of “note deals” that take place every day. Ranging from home owners who carried back paper, to lottery winners who want a lump sum for their monthly checks, tax liens, yachts, air planes, and legal settlements.

There are many reasons why people choose to sell their real estate cash flow notes, including knowing that the economy is turbulent (to say the least!) and there is no guarantee that the person they sold their property to will be able to continue to pay. So it can be very comforting to take a lump sum of cash today, to do with as they please, right now.

Use the Contact form on this page to get in touch with us about selling your real estate secured promissory note.