When It’s Best To Sell A Partial Mortgage Note
Often, the best deal for a private note seller is to sell a partial or to sell a portion of the payments. This is particularly true for notes with little to no seasoning as well as notes where the borrower has poor credit. The fact that the note holder still has “skin in the game” allows the private mortgage buyer to be more aggressive when pricing the note. And the mortgage note holder can always sell the remaining balance of payments or balloon in a few years, netting overall a lot more cash and isn’t getting more cash for my note the ultimate objective?