How Real Estate Note Buying Works.
We make sure that you are getting fair market rate for your real estate note. To do this, we ask simple questions regarding the property, the borrower and the contract.
type of property and location
number of payments, timeliness of payments, credit history
current balance, interest rate and contract term
However, keep in mind that the amount of cash we can pay for a note (contract) is directly affected by how long we must wait for the remainder of the payments, under the terms of your note. The length of the remaining term makes it vulnerable to inflation and default risks. Your note will be discounted but we will work hard to give you fair market value. Just keep in mind that the immediate cash flow you will get from us is still more valuable than future money.
Next Steps:
NoteWorld Financial provides you with two options: sell all or part of your real estate note. A full purchase results in the most cash and relieves you of any worries regarding the property or the buyer, while a partial purchase will provide you some immediate cash by selling several upcoming payments. A partial purchase allows you to get the note back along with the remaining payments.
Once you have made this decision and have given us the details of the real estate note, we will prepare an exact quote and send it to you in writing. The quote represents the net amount of cash you receive. If this quote is acceptable, simply let us know and we will get the process started.
Being the industry leader, we have the resources and experience to get the money in your hands as quickly as possible. We’re committed to making your transaction fast, pleasant and hassle-free.
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