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ACCOUNT RECEIVABLE
ACCOUNT RECEIVABLE
ACCOUNT RECEIVABLE
ACCOUNT RECEIVABLE
WHAT NOTE BROKERAGE L.L.C WILL REDEEM AND BUY BACK AND DELIVER
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Note Brokerage L.L.C Brokers and Buys most types of real estate secured debt instruments. Some examples are:
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  • Trust Deed
  • Contracts for Deed (aka Land Contracts or Agreements for Deed)
  • Promissory Note
  • Performing Note - First Lien
  • Seller Carryback
  • Privately Held Mortgage
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Debt obligations must be secured by real estate.
Examples of Acceptable Real Estate Security:
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          Residential
  • Single family homes
  • Mobile homes with land
  • Condominiums
  • Town homes
  • Multi-family
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      Land
  • Lots (improved or unimproved)
  • Farms/Ranches
  • Raw acreage
  • Commercial
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         Commercial
       * Retail buildings
  • Office buildings
  • Light industrial
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Examples of Unacceptable Security:
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  • Mobile homes without land
  • Highly speculative land held for development
  • Desert tracts

 

 

 

 

In the United States, a mortgage note (also known as a real estate lien note, borrower's note) is a promissory note secured by a specified mortgage loan; it is a written promise to repay a specified sum of money plus interest at a specified rate and length of time to fulfill the promise. While the mortgage deed or contract itself hypothecates or imposes a lien on the title to real property as security for a loan, the mortgage note states the amount of debt and the rate of interest, and obligates the borrower, who signs the note, personally responsible for repayment. In foreclosure proceedings in certain jurisdictions, borrowers may require the foreclosing party to produce the note as evidence that they are the true owners of the debt.  

 

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A promissory note, sometimes referred to as a note payable, is a legal instrument (more particularly, a financial instrument and a debt instrument), in which one party (the maker or issuer) promises in writing to pay a determinate sum of money to the other (the payee), either at a fixed or determinable future time or on demand of the payee, under specific terms. If the promissory note is unconditional and readily saleable, it is called a negotiable instrument.
 
 
 
 
The term note payable is commonly used in accounting (as distinguished from accounts payable) or commonly as just a "note", it is internationally defined by the Convention providing a uniform law for bills of exchange and promissory notes, but regional variations exist. A banknote is frequently referred to as a promissory note, as it is made by a bank and payable to bearer on demand. Mortgage notes are another prominent example.
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