Abundant Life Real Estate LLC
A mortgage note is a legally binding document, also known as a promissory note, that outlines the terms of a loan agreement between a borrower and a lender, including the loan amount, interest rate, repayment schedule, and other
Abundant Life Real Estate LLC was started with a singular focus: To give note holders a fair, honest, and transparent way to discover their options when it comes to selling their mortgage note(s) and land contracts. Our mission is to find win-win solutions that help note owners get cash from their future payments today instead of having to wait months or years. We believe in conducting business in the most honest way possible and are signatories to the Note Industry’s Ethical Business Pledge codifying our business practices.
Abundant Life Real Estate LLC is a real estate Investor company based out of Houston, Texas and we purchase notes. We’re a family owned business run by 3rd generation real estate investors. We help people just like you find solutions for your problem whether you’re tired of maintaining your note, need cash to reinvest elsewhere, need to pay off debts, pay for college, or any other reason that having cash today from your note payments would help.
If you have any questions about how we work, what the process of selling all or part of your note payments, or just want to learn more about us… don’t hesitate to contact us anytime!
Bibi Hakim is the 2nd in a long line of real estate investors from the Texas area. Her family has been investing in all aspects of real estate since the 2005 (raw land, multi-family, single family houses, notes, etc.). Hakim earned his B.A. and MBA from the University of Texas at Austin and is an Eagle Scout.
Hakim lives in Florida, Texas with her and two children and runs his business the way he would want to be treated. When you talk to him, you can expect him to treat you like family.
Abundant Life Real Estate LLC is the Purchased Division and Abundant Life Finance Service Re-Finance Non Performing Mortgage Note ,other type Consumer and Business Finance Service.
A non-performing note is a type of real estate note linked to a loan that hasn't been paid for at least 90 days. Also known as distressed mortgage notes, non-performing notes are the opposite of performing notes, paid on time and in full.
A mortgage note is simply a promissory note used exclusively in real estate transactions. As the name suggests, it represents the borrower’s promise to the note holder (lender) that they will repay the obligation. These mortgage notes are typically not listed in the public record but are nonetheless legally binding documents. Once the borrower signs the required documentation and provides the note, the lender holds the paper until the borrower makes the final loan repayment. However, while the loan remains outstanding, the lender can sell the note on the secondary market.
Understand the process of buying a mortgage note.
Once you are aware of how a mortgage note works, you will need to learn how to buy a mortgage note from the bank. Follow this process below and keep in mind some key tips to be successful.
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