Mortgage Note Resource Library
Helpful resources that include important tips and suggestions from experts, and complimentary services offered by The Mortgage Buyer, Inc. - all for people who are collecting payments on a private note or considering creating a private note.
Basic Facts you should know about selling your note.
Protect Your Investment by following the advice of experienced professionals. Learn how to protect the value of your note and avoid costly mistakes while servicing it.
Owner Financing is a sensible way to sell your property. Learn why you should consider using owner financing and some suggestions on how to create a high quality mortgage investment.
Selling your note can be profitable and easy - know the benefits of converting your long-term investment into cash, learn how to receive the highest purchase price and understand your options.
As specialists in the private mortgage industry, The Mortgage Buyer, Inc. strives to provide note holders with an unmatched level of service. We make these complimentary services available to you without cost because it is the best way that we know to provide value-added service for every note holder who comes in contact with our company.
Amortization Schedule — This schedule breaks down each monthly payment into its principal and interest components. This schedule will provide you with the current note balance at any point in time and tell you the total principal and interest payments made for the year. If you would like to receive a complimentary amortization schedule call our office at (800) 618-2485 or email us.
Credit Application — If you are using owner financing to help sell your property this document will assist you in gathering much of the information needed to evaluate the credit worthiness of the Purchaser. Requiring the Purchaser to provide this information may prevent you from financing a poor credit risk and will provide extremely valuable information should you ever decide to sell the note. To receive a free credit application call our office at (800) 618-2485 or email The Mortgage Buyer.
Information Keeper — This valuable document organizes the important information that will help you protect the value of your investment while collecting payments on your note. You can get your own copy of the Information Keeper by calling our office at (800) 618-2485 or email us.
Payment Record Keeper — This simple to use document will help you maintain an accurate record of when you receive each of your monthly note payments. Maintaining an accurate payment record will be extremely valuable in helping prevent any misunderstandings regarding the current status of the note. It will also help you receive the highest cash price for your note should you ever decide to sell it. Contact our office at (800) 618-2485 or email The Mortgage Buyer to request a copy of the payment record keeper, which will be sent to you by mail.
Need the Advice of an Attorney? If you have questions about your note or foreclosure, the American Bar Association offers a database of attorney's and firms in the same state the property is located. Or you may want to check out their helpful Consumer's Guide to Legal Help on the Internet.
County Clerks — Mortgages, deed of trusts, land contracts and other real estate secured notes are recorded in the County Offices where the property is located. So if you need copies, contact the appropriate County Office. To find information about the County Office where your mortgage document is recorded, we suggest you go to your favorite search engine and conduct a web search: "State of ______" for the state where the property is located. Once on the state's website, you should find a county listing. We spend a great deal of our time with the New York State County Clerks. If you have trouble, feel free to call our office toll free at 800-618-2485 and we'd be happy to help you.
Better Business Bureau is a handy resource for smart consumers. Check a company's BBB report or access their valuable consumer tips - especially those about money.
US Chamber of Commerce offers online help to quickly connect you with state and local Chambers - powerful resources for community information.
AARP offers valuable answers and advice on a variety of life's issues - especially regarding money matters, including: financial planning advice, financial calculators, self-help legal guides and advice on finding and selecting the right attorney for you.
Stay Informed on money matters - the editors from CNN and Money Magazine make it easier.
Use these links to update credit information on your borrowers or to access a credit report on the purchaser prior to closing the property sale: