(740) 602-7365 info@thenoteniche.com

We Buy Notes & Mortgages

We’ll offer you CASH TODAY for your mortgage payments, even if the payments are sometimes late! If you have any questions or would like a free no obligation quote, call us today at (740) 602-7365 or email us at info@thenoteniche.com.

Jennifer Logemann

Phone:  (740) 602 – 7365

Email: info@thenoteniche.com
3982 Powell Road, Suite 2
Powell, OH  43065

NOTE BUYERS AVAILABLE

We pay top-dollar for mortgages nationwide. We can purchase your note quickly, providing you with immediate liquidity. Perhaps you want cash to re-invest, pay off debt, meet family needs, or treat yourself to a much-deserved vacation.

OWNER-FINANCED NOTE SPECIALISTS

CALL TODAY and we’ll give you a FREE Amortization Schedule for your note. We look forward to hearing from you and helping you convert your note into CASH!

ALL KINDS OF PROPERTIES

Do you know someone who is receiving payments on an owner-financed note?

We pay referral fees for new business!

About Us…Note Buyers You Can Trust

We are a family owned and operated business located in Ohio, and have been involved in real estate and investing for 20+ years.  Jennifer’s interest in real estate started years ago as a child during a market downturn when the interest rates were well over 10% and there were houses to buy on every corner, especially second homes and vacation homes.  That led to us buying our first vacation rental as a family, which we have self managed ever since.  After purchasing another vacation rental we ventured into mortgage notes and seller financing as well.  This has become a specialty of ours, as we enjoy working working with people to provide the best possible solutions for their unique needs, as we have certainly noticed that “one size fits all” does not always apply.

We are truly a family business now, as our adult daughters have stepped in to help with the daily operations of the business as well.  We enjoy having our family work together so we can provide a personalized service to our note sellers.  

It was so easy to contact Jennifer for anything. She was so quick to respond to any questions we had.

Cindy U.

“Jennifer is very kind and helpful.  She is a great communicator.”

Rosalind B.

How It Works

The Process is Fast and Easy because we do all of the work and pay for any closing expenses. We can usually have CASH to you in 30 days or less.

  1. Simply provide us with the basic information about the property and note.
  2. We’ll get back to you typically within 24-48 hours and let you know exactly how much cash we can give you for the note.
  3. If you want to proceed, just send us a copy of the note, and we’ll put together a simple letter of agreement.
  4. You return the signed agreement along with a copy of the closing statement for the sale of the property and proof of pay history.  (copies of checks, post-marked envelopes, bank statements showing deposits, etc.)-
  5. That’s when we spring into action to buy your payments.  We’ll order title work, appraisal, and credit report on the borrower—all at our expense!
  6. Once we verify all of the details, we’ll set up a closing at a local title company so you can take care of the paperwork.  The title company will then wire your funds to you.

No Hidden Fees

It doesn’t cost you anything to sell your note. We cover all of the costs. You will receive a wire for the amount that we quote to you.

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Free NOTE Appraisals

There is no cost or obligation to get a quote. Just contact us or complete the online form and we’ll give you an exact quote of how much cash we will give you for your note.

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late payments?

Each note is considered on a case by case basis. We may be able to still purchase the note depending on the other factors.

SUBMIT YOUR NOTE

For your free, no obligation quote, submit your information here and we’ll get right back to you and let you know exactly how much cash we can give you today for your note and mortgage. If you don’t know all the information, that’s okay, feel free to contact us with any information you do have.  You can also send an email to info@thenoteniche.com.

15 + 4 =

If known, include the following information:

Property Info:

  • Address:
  • Date of Sale:
  • Sale Price:
  • Down Payment:
  • Current Fair Market Value:

Terms of Note:

  • Loan amount:
  • Months financed:
  • Interest Rate:
  • Payment Amount:
  • Date of first payment:
  • Pay History: Excellent/Good/Fair/In Default
  • Current balance:
Will it cost me anything to get a quote?

There is no cost or obligation to get a quote. Just contact us or complete the online form and we’ll give you an exact quote of how much cash we will give you for your note.

Will it cost me anything to sell my note to you?
No, we cover all of the costs. You will receive a wire for the amount that we quote to you.
How long will it take to get my cash?

Typically we close within 3-4 weeks, but we ask you to allow 45 days in case of any unforeseen title or other issues that need to be resolved.

How does the purchase process work?
If you like our quote, we’ll prepare a simple agreement confirming the details. We will gather information from you, order title work and an appraisal, and we may get a credit report on the payor. Once we verify all of the details, we’ll schedule the closing.
Where will the closing take place?

We typically close at a title company or attorney’s office in the county where the property is located. If you already have a title policy, we will close at the same title company or attorney’s office who issued the policy if at all possible.

What documents do I need to give you?

If you accept our offer, in order to prepare the note purchase agreement, we will need to have a copy of the note, mortgage or deed of trust, and settlement statement from when you sold the property.   (You’ll need to bring the original note and your driver’s license to the closing.)

We will also need proof of on-time pay history, typically copies of the checks or post-marked envelopes. If those are unavailable, we can sometimes use your bank statements showing the deposits made each month.

It will speed up the process if you also give us any previous appraisal or title work that you may have.

Prior to closing, we will call the homeowner’s insurance agent to have our name added to the property insurance as a mortgagee insured.

Are you going to contact the payor on the note?
We only contact the payor after you have signed our note purchase agreement and made the decision to proceed with the sale.
Can you still buy my note if payments have been late?
Each note is considered on a case by case basis. We may be able to still purchase the note depending on the other factors.
What if the property taxes are delinquent?
We generally do not buy a note if the property taxes are delinquent because the note would technically be in default. As the seller of the note, we do not allow you to pay the delinquent taxes out of your proceeds from the sale of the note.
Does my spouse have to sign the Note Purchase Agreement?
If the note is payable to both you and your spouse, both you and your spouse will need to sign the agreement.
Do you buy land contracts?

Yes, we buy land contracts. In some cases, we may want to help you convert the contract to a mortgage or deed of trust prior to our purchase.

Do you buy notes secured by mobile homes?
Yes, we can buy the note if the mobile home has been permanently affixed to the ground and is now considered real estate.
Do you buy note secured by commercial properties?
Yes, we buy notes secured by owner-occupied homes, rental homes, commercial properties and land.
Will you buy a new note?
We prefer to have at least three months of seasoning, that is, that the payor has made at least three payments. The longer the seasoning, the more that we can pay for the note. Ideally, we like to see twelve months of payments, but it is not required.

Jennifer Logemann

Phone:  (740) 602 – 7365

Email: info@thenoteniche.com

Property Niche Investments LLC

3982 Powell Road, Suite 2

Powell, OH  43065