Note Sales and Purchases

WANT TO SELL YOUR HOME QUICKLY?

Selling your property in today’s lending market can be quite a chore. Many apply but only a few are approved. But, there are a lot of good people out there with good jobs, good credit and plenty of cash for a down payment who are looking for a home. Owner financing overcomes this problem. When you sell your property and carry back a note or mortgage, you can achieve a much quicker sale and very often at or near the full asking price.

I can help you structure your carry back note (amount, rate, term, balloon, etc.) and prepare the loan documentation to ensure it is done properly.

WHAT DO YOU DO WITH YOUR CARRY BACK NOTE?

Well, you have two choices - hold onto it and collect the monthly payments or sell it and get your cash out of it. The advantage of keeping the note is of course the steady monthly cash flow. The disadvantages of keeping it are the increased risk factor of hoping your payer keeps paying and that the economy doesn't get any worse. The good news is that a real estate note buyer or mortgage note buyer can convert your worries into immediate CASH.

I know people who will buy your note for cash. Yes, you’ll have to discount it, but that is a much better alternative to having your property sit on the market for a long time or having to lower the selling price considerably in order to get the sale or going on hoping that you’ll get your note payment each month.

ARE YOU A NOTE BUYER OR WANT TO BE?

Cash is King, especially in this economy. You can easily and safely convert your cash into a profitable monthly income stream solidly backed by real estate. You can purchase notes large or small, personally or through a joint venture partnership and you can do it all through a properly structured escrow account with a well established Title Company.

I have clients looking to sell their notes for cash. I vet all notes prior to a purchase to ensure they conform to statutory requirements of the State.

The current demand for note purchases/sales is highest ever in the history of this great country.