I get a good bit of visitors for our websites regarding unseasoned notes. Unfortunately, not everyone’s definition of an unseasoned note is the same. Technically, an unseasoned note is a real estate note where No payment by the buyer has been made. However, many note buyers view notes with only a very few payments as “unseasoned”, which is technically correct. The fact is they are seasoned, just not very much.  I know of no note buyer purchasing truly unseasoned notes. The exception might be a note buyer who also originates mortgages but then you get into all the RESPA regulations which most want to avoid. So while you will very likely need the borrower to have made at least one payment, you can sell a note with minimal seasoning. The key to selling a note with little seasoning for a decent price is for 1) the borrower to have very good credit (and yes, property buyers with very good credit are out there as many have good credit but may not have documented income, a key element to getting a regular mortgage) and 2) the buyer putting down a very nice down payment, say 25% or more. We purchased a note recently with 1 payment and the seller was happy. His home buyer was an investor so it wasn’t even owner occupied but his buyer had a credit score over 800 and put down 30%. So the bottom line is if you haven’t already sold your property, look for a buyer with very good credit and a nice down payment. You will have a lot better luck selling a note with one payment has been made. If you’ve already sold your property and have a new note, you should consider doing what’s called a partial sale where a note buyer buys a certain number of payments now and selling either the whole note or another partial in a couple of years or more. Good luck.  1-877-655-5625