As a mortgage note buyer, American Equity Funding (AEF) receives many calls from consumers asking about the purchase price of their owner financed mortgage notes. Unfortunately, quoting a price is not quite that simple. The financial rules and regulations surrounding a mortgage procurement are incredibly complex, and we are not able to correctly address these requests without first receiving accurate and specific information from the inquiring party.
A mortgage note shows proof of lien or debt for a piece of property and includes both homes and raw pieces of land without any buildings. While it is nice to have the investment of a note, there are times that it isn’t feasible and the note holder can no longer afford the responsibility. Causes […]
In our current real estate market, making the difficult decision to sell your mortgage note and finding a mortgage buyer who is honest, reliable, and trustworthy can be risky, stressful, and challenging! Selecting a Mortgage Buyer Once the choice has been made to sell your real estate note, the process should be as quick, efficient, […]
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 […]
You may wonder who actually owns your owner financed mortgage after you sell your note to American Equity Funding (AEF) or other mortgage buying companies. Following the purchase, we (AEF) has note ownership and receives the payments. In many cases, however, it is in the best interest of our client to broker the note to […]