There are many different factors that go into the determination of the value of the note and how much CASH you can receive.  No two notes are the same, hence there is not a standard discount measure to follow.  Some of the factors that determine the amount of the discount are:  The type of property, position of the note, the equity in the property, how long the borrower has been paying on the note, the interest rate, creditworthiness of the payor, and the time remaining on the note.  When you created the note is when the value was determined, that is why it is important to consult with The Texas Note Company when you create a note.  So, onto the value of the note:

In order for me to help you Sell Your Note and provide you with an accurate quote is for you to provide me with the following items:

·         Deed of Trust

·         Note Document

·         Settlement Statement

·         Property Address

·         Payor Info:  (If you don’t have these the quote will be less accurate and the quote may need to be adjusted before close)

o   Payor Social Security#

o   Payor Profession/Employer

·         Settlement Statement / Closing Statement

·         Warranty Deed

If you are truly interested in selling your note or need additional education give The Texas Note company a call or complete the note submission form and a note specialist will give you a call.