NATIONAL NOTE BUYERS exists to help and inform all who need to know about mortgage notes and trust deeds, both residential and commercial.  We help individuals or companies create, sell, understand notes.  We are investors and do not lend money but purchase cash flows. We are determined not only to make great deals on  mortgages and trust deed notes which you are selling or buying, but strive to be a good neighbor. We shape our business decisions to improve the quality of life in the communities where we do business. 

PAPER

PAPER is a financial term referring to the legal documents committing and/or formalizing a loan secured by property.  Paper confers on its owner the right to collect the amount of the loan in payments at intervals over the period of time state in the note.  If payments are not made, the loan documents give the holder the right to take the property that secures the loan (foreclose), and keep it or sell it to get his or her cash back.  The property can be anything of value that someone has chosen to lend money on.

 

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Copyright © 2000- 2005   [National Notebuyers & Hard Money Programs].

Phone: 413-592-3381   Fax: 413-594-5516 All rights reserved.
Revised: April 04, 2008 .

 

 

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