You can get a lump sum of cash now, give us a
call today!
We buy mortgage notes
and real estate secured contracts nationwide: on 1st and 2nd position liens, land contracts, notes on residential and commercial
properties. You can receive your funds usually in as little as about 3 weeks.
We are dedicated to providing you with professional,
personal and confidential service, as well as the highest payout for your real estate note. To sell your note quickly and
hassle free contact us or call us at 610-691-1048.
How can I get
started??
These are the steps that are required
to cash out your note:
1.
Call our office to provide information about your real estate note. It is recommended that you have available when
you call: your mortgage note, and the payor's payment history.
2. We
will evaluate the information based on the current balance of the note, amount of equity
in the property, the interest rate, the payor's payment history and credit
rating. We will prepare a quote for you that will be the highest possible price for your real estate note, usually
within 48 hours.
3. Upon
your acceptance of the price, we will send you a contract and a list of documents needed.
These can be sent to us by fax or by overnight express.
4.
We will review the documents and order an appraisal of the property.
5. After
review of the appraisal, title insurance will be ordered
and the closing documents prepared for you to review, sign and return to us by fax or overnight
express. Your funds can be express mailed to you in as little as 1 - 2 days after the closing date in the form of a cashier's
check.
If you have any further questions
concerning the purchase process and about receiving your money, please visit our page. You
may also call us for any additional information.
Some recommendations to speed
up the closing process:
· Have
available a copy of important documents concerning your note: mortgage document, the note, title insurance, property insurance,
appraisal, if any, etc.
· If you
do not have a current appraisal, it is recommended that you have an idea of the current value of
the property.
· Keep good payment
history records, including copies of all monthly payment checks.
Full or Partial is up
to you
Our goal is to provide our clients with the best
service according to their cash flow needs. We can make a full purchase of the real estate
or mortgage note, in which we would buy all remaining payments for a lump sum now.
If you have a lessor specific dollar amount in
mind, a partial purchase is usually an attractive option. We would buy only some of the payments
so that you would receive what you need now and you would still be able to receive future payments. For example, a cash flow
with a term of 360 months: we could purchase the 180 front end payments, with the remaining 180 payments (and balloon, if
applicable) going back to you.
We also provide other programs that may be of
interest to you in selling your mortgage note. If you would like more information, just Contact Us!
Most noteholders created their notes for individuals
or businesses that could not obtain loans through traditional banking sources in order to sell their properties more quickly,
or because of the long-term income these real estate cash flows would provide. But quite often circumstances change and there
are a number of reasons why a large lump sum may be preferred over small monthly payments:
· An investment opportunity
· Open own business
· Invest in a better education
· Home improvements
· Buy a new car
· Take a dream vacation
· Financial changes
· And many other reasons ...
