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Fun & Free
Your Real Estate Note Payments
Can Mean Immediate Cash
|
Reasonable quotes on
the value of your future payments are made quickly and we pay
all costs of closing. It has never been easier to sell all or
just a portion of your real estate note.
Why A Real Estate Note For a variety of reasons, many sellers provide the financing to the buyer to consumate the sale of their property. Depending on the type and location of the property and the legal structure of the transaction this form of loan is known as seller-financing, owner financing, private mortgage, deed of trust, land contract etc. Some sellers take back a note because they do not need cash and want a long term asset with current income but the majority of sellers who finance the sale of their property do so to either sell the property quickly or to get a price they would not have been able to achieve otherwise. Many times, all things being equal, they would have preferred to have cash. That's where we come in--we can turn some or all of those future monthly payments into immediate cash. We try to answer as many questions as we can on our Frequently Asked Questions page but following are some additional topics that you may find of interest if you are considering selling your note: Valuation of Your Note The value of your note is determined primarily by the risk associated with your loan and that varies on a case by case basis. However, you can go to our page on Valuation and get a good idea of what factors investors will be looking at to determine the value of your note and you can always have a free appraisal on the value of your note by completing our Online Submittal Form Purchase Options We can tailor our purchase to meet your specific needs and you can sell all or just a portion of your note. The three most common purchase arrangements are:
Simultaneous Closing This is a special category of purchase where the seller takes back a note, but then sells the note immediately following the closing of the purchase of the home by the buyer. It is practically the same as receiving cash at closing. This is normally marketed through realtors who want to help sellers sell those "tough" properties. Click Here if you would like some more information on this topic. The Process Required It is really pretty easy to sell your note. Following are the steps that will be required:
Note that all of the costs mentioned above are paid by us and the quote you get will be a Net Quote --"What you see is what you get!" If you currently own a note but are not interested in selling at this time we would like to offer you a Note Owner's Manual. This is a $12.95 value that we are offering for free just as a way of introducing our company to you. This book will provide information on how to protect your interests, how to structure a note, how your note is valued, a glossary of terms, and a payment schedule record. |