The credit history of the payors may affect the value of your
real estate note considerably. For example if your payors had good credit three years ago, but has been
unemployed or have some collection issues on credit cards, possibly tax liens etc. the credit rating may now
show a very low credit score.
Even though the payors may be making timely note payments
to you; risk has now become a significant factor for most investor's interested in purchasing your
we do not rely on a credit score but rather information contained in a credit report; in other words were going to
look at the whole picture not just a number on a credit report.
We can close quickly normally within 7-10 business days after we received the complete
For many buyers with a low FICO score the note may go down in value because of the increased
risk. Your note may be more valuable than you think.
Back or Next