Do you need to sell your mortgage note? American Equity Funding (AEF) is a company who buys owner financed mortgages and pays cash for notes. Below are five valuable reasons to consider American Equity Funding when it is time to sell your note! 1. Experienced Note Buyers American Equity Funding opened in 1991 but as […]
AEF Blog
Owner Financed Mortgage Buying Company
American Equity Funding (AEF) is a professional and trustworthy company that buys and pays cash for owner-financed mortgage notes. Once purchased, AEF owns the notes and receives payments. In many cases, however, we either broker the note to a bank or some other corporation. The payments are then received by the new buyer and American […]
Selling My Owner Financed Mortgage Note
Susie sells and owner finances a home to John. Circumstances change and Susie finds it necessary to sell the mortgage note for cash. If you are in a similar situation, the following information will help prepare you to successfully sell your mortgage note and safeguard the process. Know Your Buyer Knowing and trusting your buyer […]
Mortgage and Promissory Note Basics
The terms mortgage note and promissory note are integral within the real estate market and used often. Are you unsure about the fundamentals of financial notes? Are you trying to sell a note? American Equity Funding (AEF) offers the following basics concerning these two important terms:
Mortgage Note Ownership
Following the decision to sell your owner financed mortgage to a note buying company such as American Equity Funding (AEF), you may wonder who actually owns the note. American Equity Funding owns each mortgage note it purchases and also receives the payments. In many cases, however, the notes are brokered to a bank or other financial institution. The payments are then received by the new buyer and AEF simply ensures a smooth process.