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angry man looking at mortgage note allonge

Allonge to the Note Explained: What it is & Why it Matters

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Let’s be honest—“allonge” sounds like something you might order at a fancy brunch spot, not a critical part of a mortgage transaction. So what is an allonge to the note? What does that even mean? If you’re diving into the world of real estate, especially the wild west of selling your mortgage to get cash, … Continued
selling my mortgage note MI

Can I Sell A Private Mortgage In MI?

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There has never been a better time to sell a MI mortgage note or promissory note, so if you’re wondering “Can I sell a private mortgage in Lansing MI?” the answer is: you absolutely can! Interest rates are very attractive right now but that could change at any moment, and interest rates could start climbing … Continued

Unsecured vs. Secured Promissory Notes: A Comprehensive Guide

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Promissory notes are vital instruments in various financial transactions, representing a borrower’s legally binding promise to repay a debt to a lender. These notes outline the terms of the loan, including the principal amount, interest rate, repayment schedule, and any applicable penalties for late payments or default. However, not all promissory notes are created equal. … Continued