TXNB specializes in purchasing owner-financed real estate notes, deed of trust, mortgages, contracts for deed, and land contracts for institutional and private investors, nationwide.
TXNB can purchase your note in a variety of ways. We can structure a full purchase in which we buy all payments remaining on the note, a partial purchase in which we buy a stated number of payments, leaving you with a retained interest in the note, or other purchase options customized to meet your needs. We also purchase portfolios of notes regardless of the quantity of files or dollar amounts.
We evaluate each note individually to obtain the best price for our customers. The amount we pay will be based on the terms of the loan (interest rate, down payment or equity, and term), the property type (single family residence, mobile home and land, land only, or commercial), and your buyer's pay history or credit worthiness. In most cases, TXNB will even pay all closing costs associated with the purchase of your note.
We welcome the opportunity to price your note after an initial review of the documents and buyer's credit. We have found that most phone quotes from inexperienced brokers turn out to be invalid due to lack of information. When we make you an offer we are ready to put it in writing and proceed at that time. Once your information is received, you will receive a quote within 24 to 48 hours.
After performing our due diligence, TXNB will arrange for funds to be wired directly to the title company, allowing you to pick up your check immediately after closing.
Why wait years to collect payments? Let TXNB assist you in cashing out your note today so you can use the money to cover debts, invest in another house to rennovate and sell, invest your funds to improve the return on your money, or just keep the cash on hand in case a need should arise.
Simply complete a Quote Request form or fax in your documents (Contract, Note and Deed of Trust or Mortgage) to our toll-free fax line at 1-888-446-3690. If you have further questions feel free to contact us directly at 1-800-446-3690 or via .
