Mortgage or Real Estate Notes
When you sold your home or investment property, you decided to carry back a note for the buyer. Circumstances may have changed and many noteholders would prefer cash today for their future payments. There are a variety of reasons people consider selling their future note payments:
- Retirement
- Taxes
- Investment opportunities
- Expensive medical care
- Vacation or college tuition
- Unexpected financial changes
- Being free from the worry of receiving late payments or having to foreclose on the buyer
- Accounting nightmares, IRS regulations, and paperwork hassles
Mortgage or Real Estate Notes
- Mortgage/Real Estate Notes Quote Request
Today many property owners are electing to provide financing to new buyers when they sell their home or investment properties. Often referred to as seller financing, owner assisted financing, or owner carry back financing, this method of private financing is often desirable for many reasons including:
- More qualified buyers
- Quick sale of the property
- Less hassle than more conventional financing
- Additional monthly income these cash flow notes may provide
Mortgage or Real Estate Notes
- Mortgage/Real Estate Notes Quote Request
These real estate notes are known by various names such as, privately held mortgages, contracts for deeds, deeds of trust, land sale contracts, real estate contracts, trust indentures, trust deeds and promissory notes, depending on what state or region of the country the original sale took place in. These debt instruments provide the holders of these real estate cash flow notes with income over the long-term.
Often a note holder's circumstances change, making the option of large lump sum payment more appealing and useful than the smaller monthly payments for a variety of reasons.
Interest rates are low and real estate markets are improving-- which translates to the best purchase rates in years. If you have sold a piece of real estate (residential or commercial) and are receiving payments, we can buy all or part of the remaining payments.
No closing costs, and no fees. Are you holding a note and find that you would be better served to have the cash now? Call today for a confidential consultation and a free, no obligation quote!
Mortgage or Real Estate Notes
- Mortgage/Real Estate Notes Quote Request