Selling Your Note

Steps Involved in Selling Your Note

Steps Involved in Selling Your Note

Selling your real estate note for cash might sound like a daunting process, but at Obsidian Investments we make it as smooth as possible.

Once you’ve said “yes” to the offer for your note, here’s what you can expect:

- During the Document Review phase, you send us copies of your mortgage/deed of trust, the note, the closing statement from the sale of the real estate, the title insurance policy, loan payment records and other crucial documents.

- During the Due Diligence phase, the buyer arranges for funds to go into escrow. Meanwhile, the buyer does an evaluation of the payer’s credit, conducts an appraisal and reviews the property title.

- In the Closing phase, legal documents are produced, executed and recorded.

If we uncover any problems during this process, we’ll work to correct them and get you to the Closing phase as quickly as possible. As always, you can cancel the transaction at any time -- but we’ll do our best to make sure you don’t need to!

Request a Quote Today to get Started and get cash in your pocket soon.