Frequently Asked Questions
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DAYTA  Note Services
DAYTA  N.S.
  •   What Is A Note?
                   A written document that states a promise to pay.  This document also states     
              the terms, conditions and obligations required to fulfill that promise.   

  •   Who Invest In Notes?
                  There is a large network of investors across North America who purchase all
                  
 types of secured notes like yours or your clients.

  •   How Much Is A Real Estate Note Worth?
                  The value of a note is based on the type of property,  the value of the property,
                   location,  current interest rate,  payment amount, outstanding balance, etc.   

  •   Will The Terms In My Current Mortgage Note Change In Any Way?  
                  Typically they remain exactly the same.  The basic change is to whom future       
                   payments are made.

  •   Why Are Notes Discounted?
                  Simply because of the time value of money.  Keep in mind that  $100.00 today is   
                  worth more than  $100.00 due in the future.  We analyze the monthly payments
                  you receive and calculate its value into the future.
  
  •   How Much Will This Cost Me?
                  Typically,  all costs are covered by the investor.  

  •   If I Sell My Note,  How Long Will This Take?
                  Once all the information has been gathered, confirmed and  a buyer is located,
                  normal closing time is 2 to 4 weeks, assuming there are no unforeseen
                  complications.



If you have more questions,  please  contact us  and we will be happy to assist you.
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