Buying Mortgage Notes On Paperstac (A Step-By-Step Guide)

Steps for Buying A Mortgage Note on Paperstac

This step-by-step guide will go through the process of buying mortgage notes on Paperstac. Providing helpful visuals to help you break down the 10 steps for buying real estate notes on?paperstac.com.

What Is Paperstac?

Paperstac takes the process of mortgage note closings and moves it to an online experience. Paperstac's focus is to help mitigate risk for note investors and provide enhanced efficiency and transparency in mortgage note closings.

Buying Mortgage Notes On The Paperstac Platform

Note Investors enjoy using Paperstac for buying real estate notes for various reasons. Some of these reasons include; convenience of online transactions, easy access to inventory, enhanced efficiency and transparency, and more.

Online Transactions: Paperstac is an online platform that?allows note investors easy access to buy and sell mortgage notes online in a fraction of the time it typically takes with options to invest in a single note or larger mortgage note pool.

Easy Access To Inventory: Powerful search filters enable you to find the perfect asset. You can even setup alerts to get notified when a note is listed that matches your buying criteria.

Enhanced Efficiency: Paperstac has a proprietary to-do list that helps move investors through the note closing process so that steps can't be missed and lead to error or worse.

These are just a few of the reasons why investors enjoy using Paperstac when performing mortgage note investing transactions.

Learn the 10 steps for buying mortgage notes on Paperstac below.

10 Steps For Buying Mortgage Notes on Paperstac

1.) Create an account (for Free)

2.) Look at what’s for sale

3.) Decide on 1st position, 2nd position, Performing or Non-Performing

4.) Message the seller to begin a transaction

• Negotiate through Paperstac by messaging the seller
• Or Negotiate by calling the Seller through Paperstac – the call gets recorded and transcribed to text within the transaction timeline

5.) Make an offer

• Offer gets accepted
• Or Offer gets rejected

6.) Sign paperwork

7.) Digital notarization

8.) Audit Report

9.) Money goes to escrow

10.) Note is yours.

Paperstac is a technology company that is creating the future of mortgage note investing. Learn more about Paperstac by visiting paperstac.com or watching the video demo below.