web sites to buy or sell notes? - Posted by Michael Bull, CCIM, CRB

Posted by Tim (Atlanta) on November 21, 2000 at 06:32:38:

Go to www.notenetwork.com. You can list your note for free, and there are tons of buyers out there. But beware, a second mortgage has a very small market value, depending on the FMV of the property and the balance of the first note. You could be looking at a sizable discount.

web sites to buy or sell notes? - Posted by Michael Bull, CCIM, CRB

Posted by Michael Bull, CCIM, CRB on November 20, 2000 at 22:55:38:

Can you recommend any sites to help me sell a seasoned A+ credit small second note of about $45,000?

Thanks

Re: web sites to buy or sell notes? - Posted by David Butler ANN

Posted by David Butler ANN on November 21, 2000 at 14:29:34:

Hello Michael,

Always a real pleasure to have a CCIM participating!

As Tim mentioned, America’s Note Network is the premier private paper secondary market network. And, you may find it particularly helpful for your purposes to fully explore our FREE Note Grading/Pricing Guidelines for the private paper marketplace, at:
http://notenetwork.com/at.cgi?a=118510&e=Reports/Note.Pricing.Guidelines.html

Hope this helps, and best of luck on your note deal!

David P. Butler VP Broker Relations
America’s Note Network