Meet Andrew Hasser

My work centers on privately held real estate debt: seller-financed mortgage notes, promissory notes secured by a deed of trust or mortgage, land contracts, and the creative structures investors build around them – including wraparound notes and private loans I have funded myself. Most of that hands-on experience was earned in Utah and along the Wasatch Front, while the notes we review today are secured by property across the country.

If you want to see how I think about these assets, the pages below explain the mechanics in plain English:

• What determines a note's value – balance, rate, term, payment history, seasoning, collateral, and lien position.
• How a full note sale works – documentation, due diligence, assignment, and closing.
• Selling only part of a payment stream – when keeping some of the note makes more sense than selling all of it.
• Notes secured by commercial property – how office, retail, industrial, and mixed-use collateral is reviewed.
• Answers to the questions note holders ask most – balloons, second-position notes, land, credit, documents, and timelines.

Everything here is general education about real estate notes, not legal, tax, or investment advice, and not every note submitted will qualify for a purchase.