What is a promissory note in real estate, and why does it matter? Posted on April 1, 2025 By realejuicey When closing on a home, you’ll sign a promissory note and agree to repay your mortgage under certain conditions. Learn more about how this loan document works. Related posts: Carson is Hud Secretary Modernize Your Garage Door Modernize Your Garage New index reveals alarming opacity and money laundering… See also Why Housing Market Trend Is 'Alarming' to Real Estate Expert