Note Investing FAQs

NOTE INVESTING FAQs

WHAT IS NotesDirect?
WHAT EXACTLY IS A REAL ESTATE NOTE?
WHY OWN THE NOTE INSTEAD OF THE PROPERTY?
CAN THESE NOTES BE PURCHASED IN A RETIREMENT ACCOUNT?
HOW DO I TAKE OWNERSHIP OF A NOTE?
WHAT TYPES OF NOTES ARE LISTED FOR SALE?
HOW DOES THE SEARCH FOR NOTES WORK?
I HAVE HEARD THE TERMS “PERFORMING” AND “NONPERFORMING” NOTE, WHAT IS THE DIFFERENCE?
HOW DO I SET UP MY NOTES DIRECT ACCOUNT?
WHY ARE THERE EXTRA STEPS TO VIEW NONPERFORMING NOTES?
DO I HAVE TO HAVE A SERVICING COMPANY ONCE I BUY A NOTE?
WILL I BE ABLE TO PERSONALLY REVIEW ALL THE DOCUMENTS?
WHEN CAN I PLACE A PURCHASE ORDER?
HOW LONG WILL I HAVE TO CLOSE?
CAN I CANCEL AN OFFER OR PURCHASE ORDER?
HOW DO I SEND THE MONEY WHEN I BUY A NOTE?
WHAT ROLE DOES NOTESDIRECT.COM PLAY IN THE TRANSACTION?
WHAT IS THE COST TO USE NOTESDIRECT.COM?
ARE THERE OTHER LEVELS OF ACCESS?
WHERE CAN I LEARN MORE ABOUT INVESTING IN NOTES?