Flag of Georgia

The diverse state of Georgia was founded on February 12, 1733 and was the thirteenth of the original 13 colonies.  Its name comes from King George II.  Georgia’s real  estate market, like that of other states, has a variety of house sizes, designs, and price patterns.  Get more market facts about Georgia real estate HERE.


Owner financing plays an important part in many Georgia real estate transactions.  You may be thinking about selling your house that way, and holding a real estate note.   If you do, you will want to follow certain guidelines when selling the property and before contacting a Georgia real estate note buyer:


  • Try to get as big of a down payment as you can from the buyer.  Aim for at least 10% on a residential note and 20% for a commercial note.
  • If possible, sell to someone with a good credit score, as this reduces the chance of issues down the road.
  • Have an attorney prepare the documents for you.  Spending a little extra money upfront can save you a lot down the road.


The attorney will help make sure that all of the critical documents and information are included.  Examples are:


  • Note shows the interest rate, payment amount, date of first payment, what happens if there is a default, etc.
  • Mortgage makes the property collateral in case of non-payment issues
  • Closing statement shows the costs incurred by the buyer and seller, how property taxes are to be split up, etc.


There are more documents that would need to be created, but the above are three critical ones.



If you have decided that you want to sell your note or are leaning in that direction, it is time to call a Georgia real estate note buyer.  If you and that company agree upon a price for the note, the next steps are:


  1. Sign an agreement to move forward and send copies (not originals) of the requested documents
  2. The note buyer will review the documents and order a drive-by appraisal
  3. Once the approval is complete, a title commitment will be ordered
  4. When the due diligence is complete, which usually takes 2-3 weeks, assignment documents will be sent to you for your signature.  You send those back with your ORIGINAL note and mortgage.
  5. If everything is in order, the funds will be wired to you promptly.


Seascape Capital is experienced in buying notes in Georgia and the other 49 states.  Seascape also has an A+ rating from the Better Business Bureau.


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Get an offer for your note

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