real estate notes

How to Sell a Promissory Note

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Illustration with the title “How to Sell a Promissory Note” showing a handshake, a document labeled “Promissory Note,” a stack of dollar bills, and a rising chart icon symbolizing financial growth.

What Is a Promissory Note A promissory note is a written promise—a definite sum of money the note’s issuer (borrower) agrees to repay the note holder (you) by a specified future date. It is simultaneously: Common Types of Promissory Notes Type Collateral? Typical Discount Rate Mortgage notes / trust deeds Secured by real property (deed of trust or mortgage) Low to moderate Real estate … Read more

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