Outside Closings Protect Sellers!

The American dream

When an investor has performed their research and is ready to purchase a private mortgage note they will ask the seller to deliver original documents and sign the assignment package.  The investor will want these original documents before the funds are released to the seller. A note seller will understandably wonder “How do I know I will ever receive my money once I turn over the documents establishing ownership?”  So the investor wants the documents before the money is released and the seller … [Read more...]