Frequently Asked Questions

We generally prefer to buy mortgage notes on:

• Single-family homes

• Duplexes and small multifamily units

• Mobile homes with land

We are primarily interested in seller-financed real estate notes on properties in Texas

Circumstances change and many sellers would prefer cash today rather than small payments that trickle in each month. Here are just a few reasons people have sold their note payments for cash:

• Retirement

• Taxes

• Other Investment Opportunity

• Expensive Medical Care

• Vacation

• College Tuition

• Paying off debt or medical expenses

• Settling estates for divorce

• Unexpected Financial Changes

• Peace of Mind – no more worrying if the buyer is going to make late payments or having to foreclose

• Accounting headaches, IRS regulations, paperwork hassles, and the list goes on…

Yes. Selling a mortgage note is a legal financial transaction. We comply with all applicable federal and state laws and work with reputable title and escrow professionals to ensure your protection.

The homeowner experiences no change in the way the terms of the note. The only change will be the address where the payments are mailed. Most of the time the payer is not aware the note has been sold.

The value of a note is affected by the down payment, interest rate, payment amount, and term as well as the buyer’s credit rating and payment history. The type, condition, and value of the property also impact the value of your note.

The time value of money, which makes payments due now more valuable than payments due in 20 to 30 years, also plays a role in the evaluation process. Generally, due to inflation, money in your pocket today is worth more now than later. All of these elements will be taken into consideration in determining the current value of your note.

Note value depends on several factors:

• Remaining balance and interest rate

• Payment history and seasoning

• Creditworthiness of the borrower

• Property type, location, and condition

• Terms of the note (e.g., balloon payments, amortization)

Each note is unique but we will provide a free, no-obligation quote on your specific note. Fill out our form here to get your quote.

A note appraisal reflects the current market value of your payments similar to what a real estate appraisal provides for real property. Frequently referred to as a “quote” it shows what your future payments are worth in cash dollars today. We recommend you have your note evaluated once a year as pricing may change based on market conditions.

Yes. We offer flexible options:

• Full purchase – Sell 100% of the remaining payments

• Partial purchase – Sell a portion of the future payments and retain the rest

• Tail-end purchase – Sell the payments at the end of the term

Many people elect to sell just enough payments to meet their cash needs today and keep some of the future payments as an investment or nest egg. Always ask for an option that meets your needs.

Many of the items that affect the value of your note were determined at the time the property was sold. However, keeping good records of the payments received and requiring the buyer to provide annual proof of current property taxes and homeowners’ insurance will help maintain the value of your note.

Absolutely not. We provide a free, no-pressure quote. You’re under no obligation to accept our offer.

Typically, 2 to 4 weeks from receiving your documents to funding, depending on title verification, due diligence, and property review. We keep the process simple and transparent.

The purchase price is paid in guaranteed funds (cashier’s check or wire transfer) upon receipt of the final transfer package and original documents. We are happy to wire funds to the title company so you may exchange your original documents for the proceeds, assuring the safe and secure transfer of your valuable asset.

The first step is to obtain a quote using our online form or by calling us at 512-644-2547. We request copies of the documents relating to your transaction:

• Note and Mortgage (Deed of Trust or Contract)

• Closing / Settlement statement from the property sale. Don’t worry if you’re missing something—we’ll help you locate or recreate what’s needed.

• Buyer information

• Pay history and current balance

• Title insurance policy if any

• Current hazard insurance policy

We will then provide you an offer subject to the standard title, appraisal, and buyer’s credit review. Once under contract, you will receive your cash as soon as all of the documentation can be obtained. This can take as little as 10-15 working days.

We pride ourselves on:

• Quick closings

• Excellent customer service

• Competitive quotes

• Providing customized options

• Strong financial backing

• Flexibility on all note purchases

• Privacy and confidentiality with all transactions

• Credibility in the industry

At SECURED CAPITAL RESOURCES we provide top rate service combined with the best prices available. Feel free to contact us anytime – no obligation.