Mortgage Note Buyers in Miami
Mortgage Note Capital buys private mortgage notes, owner-financed notes, and land contracts secured by property across the Miami area. Get a free, no-obligation cash quote.
Miami is one of the largest and most international real estate markets in the country, and Florida is among the top states for seller-financed note creation — so South Florida produces a deep supply of owner-financed mortgage notes. If you hold a note secured by a Miami-area property, Mortgage Note Capital buys it for cash.
Miami's owner-finance market
The tri-county South Florida metro — Miami-Dade, Broward (Fort Lauderdale), and Palm Beach — combines a huge population, heavy international and cash-buyer activity, and a large base of self-employed and foreign-national buyers who often can't immediately qualify for conventional financing. Owner financing is widely used to bridge that gap and to move condos, single-family homes, and small multifamily. The result is one of the highest-volume owner-finance markets in the nation.
How Florida law shapes Miami note values
Florida is a judicial-only foreclosure state, which is the single biggest factor in pricing a Florida note. Recovery on a default runs through the courts and typically takes 8 to 14 months (sometimes longer in backlogged counties), with attorney fees and carrying costs along the way. There is no statutory post-sale redemption — the borrower's right ends when the certificate of sale is filed — and a deficiency judgment is available by motion within one year, subject to fair-market-value proof. The longer, costlier timeline means a Florida note is generally priced at a somewhat higher yield (lower price) than an identical note in a fast non-judicial state, but Florida's enormous owner-finance volume keeps it a core market for note buyers.
Selling your Miami note
Whether your note is performing or non-performing, the legal backdrop shapes its value. Have your note and recorded mortgage, the current unpaid principal balance, the rate and payment, the payment history, and a sense of the property's value ready. Documented seasoning strengthens your offer, and you can sell the whole note or a portion through a partial purchase. For the full state picture, see our Florida note-selling guide.
We buy notes across the tri-county metro of Miami-Dade, Broward, and Palm Beach. Tell us about your note for a free, no-obligation cash quote — usually within one business day.
What helps your Miami note sell at its best
Clean documentation and a verifiable payment history are the fastest path to a strong offer. Have your recorded mortgage and the original promissory note ready, and gather whatever payment records you have — a third-party servicer's history is ideal for proving seasoning. In a market with as much price variation as South Florida, a current valuation is important — it confirms the investment-to-value cushion and helps offset Florida's longer foreclosure timeline. First-lien notes earn the best pricing; second liens are reviewed case by case. If there's an underlying loan beneath your note, or if it was originated through a licensed loan originator, disclose that up front so we can underwrite it accurately and move quickly to a quote.
Selling a note in Miami: FAQ
Does Florida's judicial foreclosure lower my Miami note's value?
It's the main factor we underwrite. Florida foreclosures run through the courts and take roughly 8–14 months, so a Florida note generally prices at a somewhat higher yield than an identical note in a fast non-judicial state. Strong documentation, seasoning, and equity help offset that and maximize your offer.
Do you buy condo notes in Miami?
Yes. Condos are a large part of the South Florida market, and we buy seller-financed notes secured by condos, single-family homes, and small multifamily across Miami-Dade, Broward, and Palm Beach counties.