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Mortgage Masters Group The mortgage deed is still filed in the real property records, and unless it’s removed the property can never be sold, not even if the home owner dies and the heirs want to dump it. The home remains collateral for the debt, and that won’t go away until the mortgagee agrees to remove it from the records.
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How to Buy & Sell Mortgage Notes. Investors who want to put more money into real estate without buying properties can add mortgage notes to their portfolio.
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Who Buys Notes and Why Do The Want To Buy My Mortgage Note Anyway? There are several types of people or companies that buy notes: There are few big investors with millions of dollars to invest that buy real estate notes but the vast majority of notes are bought by small investors who buy them for cashflow or for the retirement accounts.
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