Closing the Deal
Most note investors spend weeks on due diligence and then rush through the closing — but the purchase and sale agreement and what happens after funding.
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What you'll learn:
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Why the seller named in the purchase agreement must match the most recent recorded assignee — and what to do if they don't
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The difference between the closing date and the cutoff date — and why getting it wrong causes payment disputes after the fact
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Why the representations and warranties section is the most important thing to read in any loan purchase agreement — and what to look for
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How the repurchase provision works — and why buying as-is without one changes how aggressively you should price the deal
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Why recording your assignment of mortgage immediately after closing is the last step that fully completes your acquisition
Learn notes by pricing one.
Analyze a training loan modeled on a real deal, then submit practice offers on loans that actually sold.
- No credit card
- No email needed to start
- 7 steps · about 70 min
