NoteWorld Makes Life Easy for
Buyers of Seller Financed Properties.
With NoteWorld’s account servicing, life has never been easier for the buyers of seller financed property. We remove all the hassles of managing the contract, freeing you to focus on more important things.
Seller financing (also known as an owner carryback, a land contract, or a private party mortgage), is when the seller allows the buyer to purchase property over time. Instead of receiving a lump sum of cash at the time of sale, the seller receives principal and interest payments directly from the buyer. Many property types are financed through seller financing. As a buyer you may find sellers are willing to discuss seller financing if they have listed their property as for sale by owner.
Buyers make payments directly to NoteWorld. NoteWorld records the payment, calculates the changes to the principal and interest, subtracts any appropriate fees, and then quickly transfers the payment to the seller. NoteWorld also holds original documents for release when the account is paid in full.
In addition, NoteWorld provides all the features you would expect from a traditional mortgage servicer, such as payment coupon books for the buyer, mailed monthly statements for the seller, online account information, Direct Deposit and Automatic Withdrawal, automatic late notices, the ability to make payments over the phone, highly trained customer service, and much more. NoteWorld can garner tax and insurance payments to keep investments safe.
NoteWorld is also a note buyer and able to purchase notes for a lump sum of cash, but our main focus is on servicing your account. NoteWorld takes all the hassles out of a seller financed contract so that buyers and sellers can spend their time on more important things.
Simply go to www.notemanager.com. Once there, customers need only to enter their account number and Personal Identification Number. If a customer has misplaced their PIN, they can obtain one by calling Customer Service.
No. All funds belong to the seller. NoteWorld Servicing Center holds no beneficial interest in the note.
  
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