Everything Dallas-Fort Worth note holders ask us before selling.
A mortgage note (also called a promissory note or deed of trust) is the legal document created when a home seller finances the sale directly, instead of the buyer getting a bank loan. The seller becomes the lender and receives monthly payments from the buyer over time.
Most sellers come to us because they'd rather have one lump sum of cash now than wait years or decades to collect the full balance in small monthly payments. Common reasons include paying off debt, funding a large purchase, medical expenses, retirement, or simply not wanting to manage collecting payments and dealing with a borrower long-term.
Every note is priced individually based on the remaining balance, interest rate, payment history, the property's value, and the borrower's payment reliability. We typically pay a percentage of the remaining balance rather than the full face value — that discount is what allows us to pay you a lump sum today instead of over many years. Request a quote and we'll walk you through exactly how we arrived at your number.
We still want to hear from you. Notes with late payments, missing documents, or other complications are common, and we regularly work through these issues. If paperwork is missing, we can often help track it down through the county courthouse.
No. Some sellers choose a partial sale — selling a set number of future payments while continuing to receive payments afterward. Ask about this option when you request your offer.
Generally the original promissory note, the deed of trust or mortgage, and the settlement statement from when you originally sold the property. If you don't have all of these, let us know — missing paperwork isn't automatically a dealbreaker.
Once you accept an offer, due diligence (title search, property valuation, and payment history verification) typically takes two to three weeks. Closing happens at a local title company or attorney's office near you.
No. Requesting an offer is completely free, and you're never obligated to accept it.
Our focus is the DFW metro, but reach out regardless — if we can't help directly, we can often point you toward someone who can.
Owner-financed residential mortgage notes, deeds of trust, and land contracts. We evaluate both performing notes and notes with payment issues.
Call or text Michael directly — you'll get a straight answer, not a script.
(832) 836-0082