The “Show Me” state has something for everyone when it comes to real estate.  From rural to urban areas, from the smallest house to the tallest building, and from the older areas to the newer and more upscale communities, Missouri always has something to offer.


While banks are involved in many real estate transactions, owner financing is used for a variety of sales.  When the property is sold using owner financing and the seller “carries” a note, he or she has the option of keeping that note or selling it.  We’ll talk about finding a Missouri mortgage buyer shortly, but let’s first go over why a person might decide to sell a note.  Here are some common reasons for the note holder to sell:


  • Never wanted to carry the note, so wants to cash out quickly
  • Concerned about a future default and losing that stream of income
  • Does not want to bother with making sure that property taxes are paid and insurance is kept current, much less check on the condition of the property
  • Needs the cash to pay off credit cards or medical bills, put a kid through college, or meet some other financial emergency
  • Settling financial situations prior to or during retirement


Most people never hold a real estate note, so it is challenging to find a neighbor or friend who can recommend a good note buyer.  You are mostly on your own to find a Missouri note buyer, but here are some things to look for:


  • Has the company been in business for at least five years and do they seem competent?
  • Does the company have a high rating from the Better Business Bureau or a comparable organization?
  • Is the company licensed as a real estate broker in their home state?  They do not need to reside in Missouri, but should have experience buying notes in the state.
  • Does anything negative come up when you do a Google or Bing search on the company?
  • Does your gut tell you that this note buyer is trustworthy, is customer service-oriented, and will work to get you the best price?


You will want to talk with 2-3 notes buyers to figure out which one best fits the above criteria.  Don’t just jump to the one offering you the highest initial price, as what counts is how much you receive in the end.


Seascape Capital has an A+ rating from the BBB and has been involved in thousands of note sale transactions.  Check us out and then give us a call.


A hassle-free request to
Get an offer for your note

To ask questions or for a pressure-free discussionCall 1-800-634-4697