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.
buy my mortgage note
As the holder of an owner financed mortgage, perhaps you have experienced a similar situation like the following; when it was time to sell your mortgage note, the buyer was only interested in purchasing the note at a discount. It seems odd that the buyer would only want to acquire your valuable note at a […]
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, […]