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Local note buyers · New Orleans, LA

Mortgage Note Buyers in New Orleans, LA

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.

  • Full or partial sale
  • A person reviews every note
  • Local line 504-553-1099

Get your cash offer

What are you selling?

Get my cash offer → Call 504-553-1099

Free and private. No obligation to sell.

  • 1217 Annette St. # D New Orleans, LA 70116
  • Local line 504-553-1099
  • Full or partial purchase
  • Free, no-obligation quote

Your remaining payments, paid to you today

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.

Example note
$1,960 / month
Seller-financed home in New Orleans
Balance$204,700
Monthly payment$1,960
Payments made33
Payments left267
267 payments over about 22 years
One cash payment at closingYour price is set by a specialist after review

Selling a note in Louisiana: what’s different here

  • Executory process: seizure without a lawsuit first. 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).
  • Sheriff’s sale after notice and advertisement. The sheriff seizes the property, serves the borrower a notice of seizure (on a home, with housing-counseling information) and advertises the sale (La. C.C.P. arts. 2721, 2722).
  • Bond for deed contracts. A bond for deed is an installment sale in which the seller transfers title once the agreed amount is paid (La. R.S. 9:2941); recording it protects the buyer against later claims against the seller (9:2941.1). Payments run through an escrow agent, and on a default the seller can cancel only after a mailed notice giving the buyer 45 days to pay (9:2943, 9:2945).

General information, not legal advice. Talk with a Louisiana real estate attorney about your own situation.

Where your New Orleans note is recorded

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.

Clerk of Civil District Court for the Parish of Orleans, Land Records Division

1340 Poydras Street, 4th floor, New Orleans, LA

Records sales, mortgages and assignments for property in Orleans Parish, and keeps the Notarial Archives.

orleanscivilclerk.com

Document images are online from 2005 forward; for an older mortgage, have its instrument or recording number ready.

How selling your note works

  1. Tell us about the note

    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.

  2. Send the documents

    The promissory note, the recorded mortgage, deed of trust or bond for deed, the closing statement and the payment history.

  3. Get a written offer

    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.

  4. Close and get paid

    Closing runs through a title company or attorney. You receive one lump sum, and your borrower is told where to send future payments.

Find out what your New Orleans note is worth

Free, no-obligation quote. Most people only need the basic terms to start.

Areas we serve in and around New Orleans

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.

New Orleans neighborhoods

  • Seventh Ward
  • Faubourg Marigny
  • St. Roch
  • Tremé
  • Bywater
  • French Quarter
  • Mid-City
  • Bayou St. John
  • Gentilly Terrace
  • Garden District
  • Uptown
  • Algiers Point

Nearby cities and communities

  • Metairie
  • Kenner
  • Gretna
  • Harvey
  • Marrero
  • Westwego
  • Terrytown
  • Chalmette
  • Arabi
  • Belle Chasse
  • Slidell

Parishes

  • Orleans Parish
  • Jefferson Parish
  • St. Bernard Parish
  • Plaquemines Parish

Real Estate Mortgage Note Buyers New Orleans LA
1217 Annette St. # D New Orleans, LA 70116 · 504-553-1099

New Orleans housing market at a glance

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:

371,853people live in New Orleans
$315,700median home value (it was $255,500 in the 2017–2021 survey)
$56,631median household income
79,744owner-occupied homes, next to 76,077 renter households

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.

Questions from New Orleans note holders

Do you buy notes anywhere around New Orleans?

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.

My buyer pays me on a bond for deed. Can I sell it?

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.

What happens if my borrower stops paying?

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).

Do I have to live in New Orleans to sell my note?

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.

What will I get for my New Orleans note?

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.

Get your cash offer

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.

  • Quote for a full or partial purchase
  • Your information stays private
  • Prefer to talk? Call 504-553-1099
Call nowGet my offer
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