AveNoteTN

Frequently Asked Questions?

We realize that selling your real estate note can be one of the most important financial decisions you make. We also realize the entire process may seem confusing and we want you to know we are here to help.

Below are the most Frequently Asked Questions we get from note sellers.

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Why would someone sell their Real Estate Note?

Circumstances change and many sellers prefer a lump sum cash payment today rather than smaller monthly payments. Common reasons include:

Reducing accounting, IRS and paperwork complexities.
Seeking funds for another investment opportunity.
Achieving peace of mind by avoiding late payments or foreclosure.
Replacing ongoing payment with a single cash sum.
Covering college tuition and other family expenses.
Managing unexpected financial changes.
Paying for medical care.
Funding travel or vacations.
Retirement planning
Tax planning

What is a Note Appraisal?

A note appraisal determines the current fair market value of your note payments, similar to how a real estate appraisal assesses property value. It converts your future payments into present-day cash value and may also be called a “note analysis” or “note quote”. We recommend evaluating your note once a year, as pricing can change with market conditions.

How to preserve the value of your note?

Most factors affecting note value are set at origination, when the property is sold and the note is created.. However, the actions you can take now to increase the note’s value, are listed below:

Keep organized records and copies of all payments received.
Obtain a copy of the buyer’s property insurance policy each year.
Verify that property taxes are paid when due.
Contact the payor immediately if a payment is missed, as late payments can substantially reduce the note’s market value.
Retain the payor’s credit report from closing for reference.

How is the fair market value of a note determined?

Fair market value of a note is determined by the property value, the payor and the note documents. We assess property value to confirm the value supports note created. We review the buyer’s payment source to understand how payments are produced, and examine the pay history to ensure no default. We also evaluate the note terms: Interest rate, remaining term and any clauses that affect desirability. All of these elements are considered when determining the current fair market value of the note.

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How will I be paid when I sell my note?

The purchase price is paid by the title/escrow office in guaranteed funds (wire transfer) as soon as we receive the final transfer package from the escrow officer. We handle every step to ensure a smooth, fast close and clear communication throughout the process.

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Can a portion of the payments be sold?

Yes. Some note holders sell part of their payments to get cash now, while keeping the rest for future payments. The servicer continues to manage the note, and once the purchased payments are received, the remaining payments revert to you. Often people sell just enough payments to meet their near‑term cash needs and keep the rest as an investment or nest egg.

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Does anything change for my note payor?

No. The note agreement remains exactly as originally written, and we don’t modify any terms with the payor. In most cases, the payor is not aware that the note has been sold. If a third party servicer was used then payments continue to the same address and are redirected to the correct party by the servicer. If a note was self-serviced and managed by the note holder, then the address will change and we handle all the communication related paperwork.

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What happens if my payor stops making payments?

If the payor stops paying, contact them immediately to determine the reason for the missed payment. A simple mistake is possible, but if the issue persists, work with them to find a mutually workable solution. If payments continue to lapse, the final remedy is foreclosure, which typically involves hiring an attorney to initiate the foreclosure process.

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Why Owner Financing?

Owner financing is on the rise with more sellers agreeing to accept payments from buyers. There are many reasons people agree to take back a note, deed of trust, mortgage or contract including:

Quick sale of the property
Steady monthly income from the note
Avoiding bank financing hasseles (fees, delays, and strict underwriting)
Access to more qualified buyers
When traditional financing is difficult for the buyer or property type
Greater flexibility in terms.

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Why should I work with AveNoteTN?

Customer satisfaction is our top priority! We offer:

Quick closings and fast processing.
No out-of-pocket expenses to the note seller.
Competitive quotes and fair market pricing.
Flexible note buying programs.
Customized purchase options in writing.
Fair transparent business practices.
We don’t broker your note, so we maintain control of the entire closing process.
Excellent customer service.
Strong financial backing
Confidentiality with all transactions

You have choices when selling your note, trust deed, or real estate contract. We want you to be 100% confident partnering with us. At AveNoteTN we provide top rate service combined with the best fair market prices available.

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