How Long Does This Process Take?

As with anything, selling your mortgage note can be very fast, or very slow. It depends on how quickly we’re able to collect all the required information we need. In general, we can go from our first conversation to closing, with cash in your bank account, in about 21 business days. Below is an example timeline for each stage in the process to illustrate the steps and what happens with each:

 

  1. Quote

    • 1 – 2 Business Days

    • After we’ve collected all of the information we need to value your note, we will respond with a comprehensive cash price for your note within 48 business hours.

  2. Acceptance

    • Seller Dependent – TBD

    • If our options fulfill your needs, we proceed to the next step in the process.

  3. Processing & Due Diligence

    • Payor Interview and Credit Check – 2-3 Business Days

    • We validate the details of the note or contract

    • Property Appraisal – 3-10 Business Days

    • Determine and validate property condition

    • Title Check – 3 – 90 Business Days

    • Check to ensure clear title on the property and clear up any issues

  4. Closing

    • 3 – 5 Business Days

    • We are able to begin closing once we have completed all of the above steps, have all the required documents, and have verified clear title

  5. Funding

    • 1 – 2 business days

    • Funding occurs via check or wire transfer. The process can vary depending on your specific banking institution

This timeline is meant to provide an example of the steps involved and the expected length of each. Each transaction is unique with its own special circumstances to consider. Thus, it’s not until we begin exploring your options that we are able to provide a more accurate of how long the process will take.

We’ll Help You Through The Process

We are nation-wide buyers … so reach out and let’s chat. Get started below.

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Property Information
Note Information
Click or drag files to this area to upload. You can upload up to 15 files.
For faster, more accurate quoting, please upload a copy of the note, mortgage, and closing statement for the property.

Unlock The Cash Stuck In Your Note Below!

We buy real estate notes, mortgages, and other types of notes fast. Put your address and email below and answer 5 easy questions on the next page to get a cash offer in 24 hours!

By signing up for text messages you agree to receive messages from Gardiner Capital Group, LLC at the number provided, including automated reminders and deal-specific communication. Message frequency varies. Msg & data rates may apply. Reply STOP to unsubscribe. View our Privacy Policy.
Property Information
Note Information
Click or drag files to this area to upload. You can upload up to 15 files.
For faster, more accurate quoting, please upload a copy of the note, mortgage, and closing statement for the property.

“…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.sell my private mortgage note to note buyers in OR

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