Real Estate Note Buyers

Private Note Buyers Since 1997 | Direct Buyer, Not a Broker | All 50 States

Note Buyers of America is a direct real estate note buyer that purchases private mortgage notes, trust deeds, land contracts, and all types of seller-financed notes. No brokers, no fees, no commissions — just a fair cash offer.

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What Are Real Estate Note Buyers?

Real estate note buyers — also called private note buyers or mortgage note investors — are professionals who purchase the right to receive future payments from seller-financed real estate transactions. When a property is sold with owner financing, the seller creates a promissory note secured by the property. That note is a financial asset that can be sold for a lump sum of cash on the secondary market.

Note Buyers of America has been a direct real estate note buyer since 1997. We purchase notes with our own capital — we are not a broker and we charge no fees or commissions. The price we quote is the price you receive at closing.

Types of Real Estate Notes We Buy

By Note Type

  • Residential mortgage notes
  • Commercial mortgage notes
  • Land contracts / contracts for deed
  • Deeds of trust / trust deeds
  • Promissory notes
  • Wraparound mortgages
  • Mobile home notes (with land)

By Condition

  • Performing notes (current payments)
  • Non-performing notes (defaulted)
  • First lien position
  • Second lien position
  • Seasoned notes (12+ months)
  • Full note purchases
  • Partial note purchases

Direct Buyer vs. Note Broker

When selling a real estate note, you will encounter two types of companies: direct buyers and brokers. Understanding the difference can save you thousands of dollars.

  • Direct buyers purchase notes with their own capital. They make the buying decision, set the price, and close the deal. There are no middlemen and no commissions. Note Buyers of America is a direct buyer.
  • Note brokers act as intermediaries. They take your note details, shop them to multiple buyers, and take a commission (typically 2-5%) when a deal closes. This adds time to the process and reduces your net proceeds.

How to Sell Your Real Estate Note

  1. Submit your note details: Property address, note balance, interest rate, payment amount, and payment history.
  2. Receive a written cash offer: Within 24 hours, with transparent pricing explaining how we arrived at the number.
  3. Close and get paid: We handle title, appraisal, and document preparation. Funds are wired to your account at closing.

Frequently Asked Questions

What are real estate note buyers?

Real estate note buyers are professional investors and companies that purchase private mortgage notes secured by real property. They buy the right to receive future payments from a seller-financed note in exchange for a lump sum of cash.

How do private note buyers determine the value of a note?

Private note buyers evaluate payment history, interest rate, remaining balance, borrower equity, property type, lien position, and documentation quality. Notes with strong payment history and high equity get the best pricing.

What is the difference between a private note buyer and a broker?

A direct note buyer purchases notes with their own capital and charges no fees. A note broker shops your note to multiple buyers and takes a commission. Working with a direct buyer like NBOA means faster closings and more money in your pocket.

Explore by Note Type

Get a Cash Offer for Your Real Estate Note

Free evaluation. No fees. No pressure. Just a fair offer from a direct buyer with 29 years experience.