I’m considering using a note serving company called Note servicing Center out in CA. They charge $25 per month with a $50 set up fee. I an currently using Terra Notes and as I build my note portfolio I am sick of managing it. Plus, I am too nice and tend to feel sorry for people. LOL.. Unfortunately, people take advantage of that and I’m done.. Definitely considering handing it over to one of these companies. Anyone have experiences they can share?
Note Servicing Companies (collect payments for notes you are holding)
Madison Management
FCI Lender Services (very well known)
Evergreen Note Services
Note Servicing Center