Sell Your Mortgage Note in Michigan — Trusted Note Buyer Statewide
Michigan's diverse real estate market — from Detroit's revitalizing investment corridors to Grand Rapids' growing suburbs, lakefront properties, and Upper Peninsula land — creates a broad range of seller-financed mortgage notes. Whether you hold a note on a Detroit-area rental, a lakeshore cottage, or rural Michigan land — we can give you a free, honest review of your options. No pressure. No obligation. Call 954-466-7111 or request a free review below. Whether you hold a seller financed deed of trust, an owner financed installment note, or a private mortgage note, Moxxie Asset Group makes it simple to sell your mortgage note in Michigan — no fees, no pressure.
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Michigan
Michigan's Real Estate Diversity Creates a Wide Range of Seller-Financed Note Opportunities
Dawn — Senior Seller Finance Note Advisor & Analyst
Moxxie Asset Group · Ft. Lauderdale, FL
Michigan produces a large and diverse volume of seller-financed notes — from Detroit metro investment properties to Grand Rapids suburban homes, lakeshore vacation properties, and Upper Peninsula rural land. Our team is experienced with all of Michigan's distinct note markets. If you're ready to sell mortgage note Michigan real estate secures, gather your mortgage or deed of trust (depending on your state), your promissory note, and your closing statement — that's typically all we need to begin a free review. Michigan is a mortgage state, so most Michigan note holders are working with a mortgage rather than a deed of trust, and foreclosure can proceed either by advertisement or through judicial foreclosure depending on the circumstances.
Michigan complete guide: How to Sell Your Owner Financed Mortgage Note in Michigan — A Complete Guide →
Detroit Metro & Southeast Michigan Notes
Detroit's ongoing revitalization and surrounding suburbs — Dearborn, Warren, Sterling Heights, Ann Arbor — generate a high volume of seller-financed notes on investment properties, residential homes, and small commercial real estate.
Grand Rapids & West Michigan Notes
Grand Rapids is one of Michigan's fastest-growing cities, producing a steady volume of seller-financed notes on residential and investment properties across Kent, Ottawa, and Allegan counties.
Lakefront, Upper Peninsula & Rural Notes
Michigan's extensive coastline, inland lakes, and Upper Peninsula produce seller-financed notes on vacation cottages, lakeshore properties, farmland, and rural parcels that we actively review and purchase.
Sell Your Mortgage Note Anywhere in Michigan — We Buy Statewide
Michigan's land contract tradition and affordable housing market make seller financing widespread, particularly in Detroit, Grand Rapids, and rural communities. Moxxie Asset Group buys Michigan mortgage notes and land contracts statewide. No matter where your property is located, you can sell mortgage note Michigan real estate secures with a single free review — our team handles note holders who want to sell mortgage note balances from Detroit to the Upper Peninsula.
Sell Your Mortgage Note in Detroit & Southeast Michigan
Detroit and Southeast Michigan have one of the most active land contract and seller-financing markets in the country. We buy notes and land contracts throughout Wayne, Oakland, Macomb, and Washtenaw counties. Detroit's investment property market generates significant seller-financing volume, particularly on land installment contracts.
Sell Your Mortgage Note in Grand Rapids & West Michigan
Grand Rapids is Michigan's second-largest city with a growing real estate market. We purchase notes in Kent, Ottawa, Allegan, and Muskegon counties. West Michigan's strong economy and affordable housing drive consistent seller-financing activity.
Sell Your Mortgage Note in Lansing, Ann Arbor & Mid-Michigan
Lansing, Ann Arbor, and Mid-Michigan generate seller-financed notes particularly around university and government employment centers. We buy notes in Ingham, Washtenaw, Genesee, and Saginaw counties.
Sell Your Mortgage Note in Northern Michigan & the Upper Peninsula
Northern Michigan's vacation and retirement markets — Traverse City, Petoskey, and the Upper Peninsula — generate seller-financed notes on cabins, lakefront properties, and land. We buy notes throughout all Michigan counties including the Upper Peninsula.
Don't see your city? We buy notes in every county in Michigan. Call 954-466-7111 or submit your note details below.
Request a FREE Note ReviewAll Michigan Cities & Regions We Serve
How Selling Your Michigan Note Works
Request Your Free Review
Fill out the form with basic details about your note. Partial information is fine — we will work with what you have.
We Review and Connect
Our team reviews your submission and reaches out to discuss your note, goals, and options — no pressure, no sales pitch.
Review Your Options
If your note qualifies and you want to proceed, we prepare a formal offer — full purchase or partial. You decide at every step.
Close and Receive Funds
We handle all Michigan paperwork and recording requirements. Michigan is a mortgage state with options for both judicial foreclosure and foreclosure by advertisement. Most closings complete within 3 to 5 weeks of document receipt.
Free — No Obligation
Ready to Sell Your Mortgage Note in Michigan?
Our team reviews your note details and responds within one business day — no fees, no pressure, no obligation.
What Note Buyers Are Actually Evaluating
When our team reviews your note, here is what we are looking at — and how each factor affects your offer:
The creditworthiness of the borrower making payments on your note. A stronger credit score signals lower default risk and directly improves your offer. Even a rough credit range — strong, fair, or weak — helps us evaluate the note before a full review.
The larger the original down payment, the more skin in the game the borrower had from day one. A 10%+ down payment is a strong signal of borrower commitment and significantly reduces default risk — making your note more attractive to note buyers.
The remaining loan balance divided by the current property value. Lower LTV means more equity in the property — the single biggest pricing factor.
How many consecutive on-time payments the borrower has made. 12+ months of clean payment history significantly improves your offer.
First position notes are far easier to sell than second position notes. A second lien means another lender has priority claim on the property — that adds risk and typically reduces the offer significantly.
Higher interest rates on your note generally mean a better yield — and therefore a better offer — for the note buyer.
Single-family residential notes in desirable markets command better pricing than rural land or commercial notes. Strong markets like Miami, Atlanta, Houston, and Phoenix are favorable.
Deed of trust states with faster non-judicial foreclosure timelines are generally more favorable for note buyers — and that can translate into a slightly better offer for you.
How long ago the note was created. Very new notes with under 6 months of payment history are harder to price — but once seasoning builds, age alone is rarely a deciding factor.
Whether the property is owner-occupied, tenant-occupied, or vacant. Owner-occupied is the preferred scenario, but tenant-occupied notes are still purchasable. Vacant properties carry the most risk.
The price the property sold for when the note was created. Helps verify the transaction was arm's length and the original LTV was reasonable — useful context but rarely changes the offer on its own.
Very small note balances — typically under $30,000–$40,000 — can be harder to sell because transaction costs consume more of the yield. Not a dealbreaker, but it may affect pricing on smaller notes.
Whether the note is fully amortizing, interest-only, or has a balloon payment. Standard amortizing notes are the easiest to price. Balloon and interest-only structures are purchasable but require additional analysis.
Want to know exactly what documents we need? See our full Note Documents Checklist for a step-by-step breakdown of everything to gather before your review.
Looking to sell mortgage note proceeds for a lump sum? Moxxie Asset Group purchases seller financed, owner financed, and private mortgage notes backed by Michigan real estate. Whether your note is a deed of trust, mortgage, or land contract — we are your trusted Michigan mortgage note buyer. As active note buyers in Michigan, we evaluate all note types quickly and honestly.
We Buy All Types of Seller-Financed NotesWe Buy Mortgages, Trust Deeds & Land Contracts in Michigan — Sell Your Mortgage Note for a Your Payments for a Lump Sum
Seller-financed notes go by many names — seller-financed mortgage note, owner-financed mortgage note, or private mortgage note. Whatever you call yours, Moxxie Asset Group buys them. We purchase mortgages, deeds of trust, and land contracts across Michigan. Michigan uses foreclosure by advertisement (non-judicial) under MCL 600.3208, but judicial foreclosure remains available too, since Michigan is a mortgage state that permits both routes. Land contracts are common in Michigan — the seller retains title until paid in full, which creates a different note-sale structure than a standard mortgage. Whether your paperwork describes the arrangement as owner financed or seller financed, the underlying instrument is almost always a mortgage in Michigan, and our team reviews both formats every week.
📍 We serve all of Michigan: Detroit, Grand Rapids, Lansing, Ann Arbor, Flint, Kalamazoo, and all Michigan counties.
Can I sell my owner-financed mortgage note in Michigan?
Yes. Owner-financed notes in Michigan — secured by a mortgage — are fully transferable. Michigan also has a strong land contract tradition where the seller retains title until paid in full. Both mortgages and land contracts are buyable. Michigan's MLOLA licensing rules are important: sellers who have done 4+ transactions may face licensing requirements. Call Moxxie Asset Group at 954-466-7111 for a free review.
Can I sell my private mortgage note in Michigan?
Yes. Private mortgage notes in Michigan — also called owner-financed or seller-financed notes — are regularly bought and sold. Moxxie Asset Group purchases Michigan private mortgage notes and land contracts statewide. Call 954-466-7111 for a free, no-obligation quote.
Does Moxxie Asset Group buy mortgages, land contracts, and trust deeds in Michigan?
Yes. We buy seller-financed notes secured by Michigan mortgages and land contracts. Michigan primarily uses mortgages for seller-financed transactions, though land contracts are also common. MCL 600.3208 governs foreclosure by advertisement requirements. Call 954-466-7111 to discuss your Michigan note.
Michigan Note Law & Transfer Process
What You Need to Know About Selling a Note in Michigan
Instrument & Foreclosure Type
Michigan is a lien-theory state, so seller-financed loans use a mortgage rather than a deed of trust. Most foreclosures proceed non-judicially through foreclosure by advertisement (MCL 600.3201 et seq.), which requires posting at the property and four consecutive weeks of newspaper publication before a sheriff's sale, followed by a statutory redemption period. Judicial foreclosure is also available under MCL 600.3101 et seq. but is used far less often and typically takes 6 to 12 months or more given standard civil litigation timelines.
Anti-Deficiency Protection
Michigan does not broadly bar deficiency judgments, but MCL 600.3280 gives borrowers a fair-value defense — if the foreclosure sale price was substantially below the property's true value, a court can reduce or defeat a deficiency claim. After foreclosure by advertisement, any deficiency action generally must be filed within 3 months of the sheriff's sale; after judicial foreclosure, within 90 days of confirmation. Michigan also imposes one of the longest post-sale redemption periods in the country — 6 months for most residential property, and up to 12 months for larger or agricultural parcels — during which the borrower retains possession and the buyer does not yet hold clear title.
Documents Required to Transfer Your Note
- Assignment of Mortgage, recorded with the county Register of Deeds
- Allonge or endorsement of the original promissory note
- The original note itself, required to establish standing to foreclose
- A complete, unbroken, properly recorded chain of title — MCL 600.3204(1)(c)-(d) requires the mortgage and all assignments to be properly recorded before a valid foreclosure by advertisement can proceed
Recording Fees & Transfer Taxes
Michigan's state real estate transfer tax is $3.75 per $500 of value on deeds (MCL 207.525), plus a county-level tax of $0.55 per $500 (MCL 207.505). These taxes apply to deeds conveying real property, not to mortgage assignments, so transferring a note secured by a Michigan mortgage does not trigger transfer tax. County Register of Deeds recording fees for an Assignment of Mortgage generally run about $30 for the first page plus roughly $3 per additional page.
State-Specific Note Holder Rules
Michigan's 6-month (or longer) post-sale redemption period under MCL 600.3240 is one of the longest in the nation and directly affects how a note buyer should value and time a Michigan note — clear, unencumbered title isn't available until redemption lapses. Foreclosure by advertisement also has strict statutory prerequisites under MCL 600.3204, requiring the mortgage and every assignment in the chain to be properly recorded and requiring the foreclosing party to be the actual owner of the debt or its servicer; incomplete documentation can invalidate a foreclosure sale.
This information is provided for educational purposes only and does not constitute legal advice. Consult a qualified attorney for guidance specific to your situation.
Michigan Note Holder FAQ
Can I sell my seller-financed mortgage note in Michigan?
Yes — and Moxxie Asset Group is an active Michigan mortgage note buyer serving all counties statewide. Yes. Michigan produces a large and diverse volume of seller-financed notes — from Detroit metro investment properties to Grand Rapids suburban homes and Upper Peninsula land. Moxxie Asset Group can review your Michigan note and discuss your options at no cost.
What types of Michigan notes does Moxxie buy?
We review notes secured by single-family homes, investment properties, vacation and lakeshore properties, land, multi-family buildings, and commercial real estate throughout Michigan. Detroit area investor notes, West Michigan residential notes, and UP rural land notes are among the most common types we see.
Do I have to sell the entire note?
No. A partial note sale lets you access a lump sum now while continuing to receive monthly payments on the remainder. Many Michigan note holders use a partial sale to free up capital for other needs while keeping some ongoing income.
How much is my Michigan mortgage note worth?
Value depends on remaining balance, interest rate, loan-to-value ratio, payment history, property type, and borrower profile. Michigan's recovering markets and lakefront premium properties can positively influence note values for well-structured notes. Request a free review for an honest, no-pressure assessment.
How does selling a mortgage note work in Michigan?
When you're ready to sell mortgage note proceeds for a lump sum, you start with a free note review request — share basic details and we reach out to discuss your options. Michigan is a mortgage state that most commonly uses foreclosure by advertisement (MCL 600.3201 et seq.), a non-judicial process followed by a 6-month statutory redemption period for most residential property (MCL 600.3240), with MCL 600.3280 providing a fair-value defense against deficiency judgments. Our team confirms your recorded Assignment of Mortgage and note allonge are in order — required under MCL 600.3204 for a valid foreclosure — and if you proceed, we handle all paperwork and close, typically within 3 to 5 weeks.
Does Moxxie Asset Group buy notes across all of Michigan?
Yes. We review and purchase notes backed by properties throughout Michigan — Detroit, Grand Rapids, Ann Arbor, Lansing, Flint, Traverse City, the Upper Peninsula, and all rural and suburban counties statewide.
Why Michigan Note Holders Choose Moxxie Asset Group
Selling a mortgage note is a one-time decision for most note holders. You deserve a buyer who is straightforward, experienced with Michigan notes, and focused on your outcome — not just a quick close at the lowest possible price.
We Know Michigan Notes
Our team understands this market, the mortgage structure used in this state, and what makes a note trade at full value. We review notes statewide and give you an honest, informed assessment — not a lowball offer.
Honest, No-Pressure Process
Our team reviews your note and responds within one business day. We walk you through exactly how we arrived at our offer — no mystery pricing, no bait-and-switch, no pressure. If a full sale isn't right for you, we'll tell you. A partial note purchase may be a better fit.
Free Review — No Fees, Ever
There are no upfront fees, no application costs, and no obligation attached to your review. We cover our costs at closing — only if you decide to sell. Call 954-466-7111 or request your free review below.
Request a FREE Note ReviewReal Feedback From Real People
“I highly recommend Dawn for her exceptional expertise in seller financed notes. She provided invaluable guidance, clarifying the process and offering insights into structuring deals for maximum return. Her assistance was clear, concise, and instrumental in structuring successful deals.”
“I was pleasantly surprised that you were willing to give me advice as a newer investor from an objective position trying to help me move forward. Free advice, no expectations, and a kind demeanor. You were knowledgeable, patient, and definitely have an abundance mindset!”
“I had a very informative conversation with Dawn that will be extremely helpful in my journey as a real estate agent focusing on seller financing. Dawn is super knowledgeable in structuring seller notes so they can sell at top dollar. I highly recommend connecting with her.”
Find Out What Your Michigan Note Is Worth
Share a few details and we'll get back to you with a no-obligation review. Easy, free, confidential, and no commitment required.
Prefer to talk? Call us at 954-466-7111
No pressure or obligation offer · We Buy Notes Nationwide · Sell all or part of your note · Response usually within 1–3 business days