Sold a home, land or a business in New Orleans with owner financing? Turn the payments you’re owed into one lump sum. Free quote, no obligation.
What are you selling?
Get my cash offer → Call 504-553-1099Free and private. No obligation to sell.
If you sold a property in New Orleans and let the buyer pay you over time, you hold a note. We buy the payments still owed to you, all of them or only some, and pay you one lump sum at closing. Your buyer keeps the same terms and simply pays the new holder.
The example on the right is a made-up New Orleans note to show how it works: 33 payments made, 267 left. Your specialist prices your note from its payment history, the equity and the payer.
General information, not legal advice. Talk with a Louisiana real estate attorney about your own situation.
When you sell a note, the mortgage, deed of trust or contract is assigned to the buyer, and the assignment is recorded with the same county office that recorded the original. New Orleans and Orleans Parish share the same borders; Louisiana has parishes, not counties.
1340 Poydras Street, 4th floor, New Orleans, LA
Records sales, mortgages and assignments for property in Orleans Parish, and keeps the Notarial Archives.
Document images are online from 2005 forward; for an older mortgage, have its instrument or recording number ready.
Use the quote form or call 504-553-1099. The basics are enough: the balance, the payment, how many payments are left and the property address.
The promissory note, the recorded mortgage, deed of trust or bond for deed, the closing statement and the payment history.
A note specialist reviews the payment history, the property and the payer, then sends you a written offer for all or part of the note.
Closing runs through a title company or attorney. You receive one lump sum, and your borrower is told where to send future payments.
Free, no-obligation quote. Most people only need the basic terms to start.
Owner-financed homes, land and small rentals.
Seller financing from the sale of a business or equipment.
Notes secured by retail, office, industrial and multifamily property.
Private notes secured by real estate or other collateral.
Contracts for deed and installment land contracts.
We buy notes on homes, land, rentals and commercial property across the New Orleans area, inside the city and in the surrounding cities and parishes.
Real Estate Mortgage Note Buyers New Orleans LA
1217 Annette St. # D New Orleans, LA 70116 · 504-553-1099
A note is only as strong as the property and the market behind it. These are the numbers a note buyer looks at for New Orleans:
Source: U.S. Census Bureau, American Community Survey 5-year estimates (2020–2024 unless noted), via Data USA.
What it means for you: New Orleans home values have risen since the 2017–2021 survey, and with roughly as many renters as owners, notes on doubles and shotgun rentals are common here. Louisiana’s executory process depends on how the mortgage was written, so a buyer checks that it was signed as an authentic act and recorded with the parish.
Yes: in every New Orleans neighborhood, in Metairie, Kenner, Gretna and Chalmette, across Orleans, Jefferson, St. Bernard and Plaquemines parishes, and anywhere else in Louisiana.
Often, yes. Send us the bond for deed and the payment history and we’ll review it. A bond for deed that’s properly recorded, with clean payment records, is worth the most.
A Louisiana mortgage written as an authentic act with a confession of judgment lets the holder ask the court for a writ of seizure and sale without first suing the borrower (La. C.C.P. arts. 2631, 2632, 2638).
No. The property has to be in or around New Orleans; you can live anywhere. Closings run through a title company or attorney, and documents can be signed with a mobile notary.
It depends on the balance, the interest rate, the payment history, the equity in the property and the payer’s credit. A note specialist reviews those and sends you a written offer. The quote is free and there’s no obligation.
This is the form the “Get my cash offer” buttons lead to. Fill in what you know about your New Orleans note; you don’t need every detail to start. A note specialist reviews it and calls you with a written offer. No cost, no obligation.
