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This is where we talk about being a note buyer… our process and a few quick links to some of the articles we’ll link people to in here that’ll help them make their decision.
“…private mortgage notes can be sold and thus converted into cash. The amount they sell for is based on the principal balance, the number of payments that have been made (referred to as “seasoning”), the number of remaining payments, the home’s (or other asset) appraised value and the borrower’s creditworthiness.”