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Sell A Note FAQ

We aim to make the process of selling your Mortgage Note easy and fast, so you can get back to doing the things you want!

When you receive a free quote, you get a designated Loan Acquisitions Officer that will answer any question you may have! In the meantime, you might have some questions and we’ve got some answers.

Here are our most frequently asked questions.

Be sure to check out our Education Center to learn more about the note selling process!

Why Would I Want to Sell My Real Estate Note?

When you convert part or all of your real estate note into cash, you gain several advantages in addition to immediate cash:

  1. You don’t have to worry about the payments you receive each month slipping away on life’s little expenses.
  2. You receive a substantial sum of cash right now enough to accomplish some major goals.
  3. You don’t have to worry about collecting monthly payments or servicing your note; we’ll handle it.
  4. Annual taxes and insurance premiums are no longer your responsibility!
  5. Your purchaser is in good hands! Their payment won’t change and each payment made will build their credit.

How Can I Find Out How Much My Real Estate Note is Worth?

Once you are connected with your designated Loan Acquisitions Officer, you will be asked questions related to the property, your purchaser and the contract. From there, we will perform an analysis and present an offer to you in writing. Your LAO will walk you through the numbers so that you can make an informed decision to turn your real estate note into immediate cash or continue holding onto it. The choice is always yours.

How Soon Can We Close?

Once you accept our cash offer and all papers are in order, you can receive payment in as little as 26 business days. We believe in fast, efficient service!

How will I receive my money?

We wire funds to the title company where we will exchange documents. Safe and secure. Funds are generally received within 24 hours.

Who Is First National Acceptance Company?

First National Acceptance Company, a subsidiary of First National Bank of America, has been in business for over 40 years. Today, we are the premier real estate note buyers in the nation. We are a sound financial company, one you can trust to serve your financial needs quickly and efficiently. Our highly qualified, experienced Investment Analysts are glad to assist you.

Are There Any Additional Benefits To Me?

Yes. When you consider the impact inflation can have on the value of your note over it’s life, cash in hand today can be expected to be worth a lot more now than years down the road.

If I Convert My Real Estate Note To Cash, Will It Affect The Person(s) Paying Me?

No. All terms and conditions set forth in the original note remain the same. Your purchasers simply send their payments to First National.

What Types Of Property Do You Purchase?

We purchase real estate notes on virtually all types of property: single-family homes, multi-family homes, farmland, commercial, recreational, vacant land, and mobile homes with land attached. Mobile properties Require the title or an affidavit of affixture.

Am I obligated to sell my note once I receive the offer?

No. All offers are provided free of charge with no expectation or pressure to sell. We want you to make the decision that is best for you!

Get a Free No Obligation Cash Offer Today

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First National Acceptance Company
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