Traditionally, a paper Promissory Note associated with a real estate mortgage is a printed paper document which bears the personal ink signature of the borrower. This paper note has an actual “cash” value and the original physical note is held by the lender as if it were actual cash. Unlike a traditional paper note, and eNote is strictly in digital form and must be retained in a secure, digital environment called eVaults, not unlike crypto currency. Watch the video to learn more.
Recent Posts
- Buyers Beware: How New Federal Monitoring Rules Affect Your Mortgage, Deposits, and Closing Docs
- Is Your Transaction a Red Flag? What Triggers Extra Federal Scrutiny in 2025 Real Estate
- The 2025 Transparency Push: What Home Sellers Need to Know Before Listing
- What Could Steer Mortgage Rates This Winter? Four Key Economic Factors to Watch
- When a Home Sale Falls Through: What Massachusetts Buyers and Sellers Can (and Should) Do Next
