7 steps to selling your mortgage note

SELLING YOUR MORTGAGE NOTE

Seven Steps

DISCLAIMER-LIMIT OF LIABILITY/DISCLAIMER OF WARRANTY:

THIS PRESENTATION is GENERAL IN NATURE AND IS DESIGNED FOR INFORMATIONAL PURPOSES ONLY IN REGARD TO THE SUBJECT MATTER COVERED. IT IS NOT DESIGNED TO GIVE SPECIFIC LEGAL ADVICE. IT IS PRESENTED WITH THE UNDERSTANDING THAT THE PRESENTER IS NOT

RENDERING LEGAL, TAX, ACCOUNTING OR OTHER PROFESSIONAL SERVICES. THE PRESENTER, HER SUCCESSORS AND ASSIGNS SHALL NOT BE

LIABLE FOR ANY DEBTS, LOSSES, CLAIMS OR DEMANDS RELATED TO OR INHERENT IN THIS PRESENTATION. IF LEGAL ADVICE OR OTHER EXPERT

ASSISTANCE IS REQUIRED, THE SERVICES OF SUCH LEGAL, TAX, ACCOUNTING OR SERVICE REPRESENTATIVE SHOULD BE SOUGHT AND

RETAINED.

Lesa Miller, J.D., M.B.A.

Congratulations!

You sold your property!

Want your cash out? Now what do you do?

Step One – Request a Quote

• Complete a short informational worksheet

• Submit it to Note Pros Plus! by phone, fax or email

Note Pros Plus!

Direct (812) 360-3863

Fax (812) 323-0033

Email Address: info@noteprosplus.comm

Lesa Miller, J.D., M.B.A. 4

Step Two -

Provide Document Copies

You will want to have copies and the originals of these

three documents readily available:

• Settlement Statement from the Closing

• Promissory Note

• Mortgage, Trust Deed, or Contract

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Step Three –

Accept Offer & Agreement

• Accepted Offer

• Terms, Conditions and Price in Writing

• Presented for Review and Acceptance by

All Parties

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Step Four – Note Review

• Due Diligence

• Review of all documents

• Review of all information connected with the

property, buyer and note

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Step Five –

The Appraisal

• Broker’s Price Opinion (BPO)

• Drive-by Appraisal

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Step Six –Title Search

A title search is ordered to verify title

and identify any liens or clouding of

title.

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Step Seven –

Closing

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• Final documents sent out for signatures

• Title company handles the details of the closing

• Money transfers and deal closes

Why Work with Us?

- We are NOT the Lone Ranger -

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• Affiliated with a network of 25+ Seller Financing Specialists across the country.

• Several of our affiliates have more than 30 years of experience in Seller financing and have closed more than 30,000 seller-financed notes.

• We purchase more notes than anyone else in the industry.

Professional Credentials• Chicago-Kent College of Law, Juris Doctor

o Licensed Attorney

• University of Chicago, Master Business

Administration

• Indiana University, Bachelor of Artso Phi Beta Kappa

• Othero Co-Author, Strictly Business

o Licensed Associate Broker

o IRS Enrolled Agent

o Licensed Pilot

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Contact Information

Lesa Miller, J.D., M.B.A.

998 Old State Road 450, Suite 1

Bedford, IN 47421

Direct (812) 360-3863

Fax (812) 323-0033

Email Address: info@noteprosplus.com

Lesa Miller, J.D., M.B.A. 13