CFD vs Note valuation

[Chris Seveney]

Question for those note investors put there.

With all things being equal, would you pay more for a note than a contract for deed.

As an example, contract for deed UPB $30,000 9% interest paying $350/month with property worth $75,000

If this was a first position note with a lenders title policy would you pay more for it as a note ?

Assume performing and borrower had been making payments for 7 years.

Curious to get people’s opinions.