WHY SELL YOUR MORTGAGE CONTRACT

The mortgage you own is an asset. It is possible to sell your mortgage for cash rather than receiving monthly payments. There are many different reasons why you may want to consider selling your contract. Are you planning a new investment strategy? Maybe you want to buy other real estate or a new vehicle. Perhaps you need to pay for a medical emergency or pay for tuition, cover increased personal expenses, pay off taxes or high interest credit cards. Or maybe you just want to take a vacation.

Whatever your reason, selling your contract is an easy way to turn the monthly note payment you receive into an immediate lump sum of cash. Are you concerned about your buyer (note payer)? When you sell your note, the sale does not affect the buyer at all. The terms of the original contract between yourself and your buyer remain the same. By selling your note you can be completely relieved of the worry and responsibility of:

	Collecting the payments
	Keeping track of principal and interest
	Default and foreclosure
	Federal tax reporting requirements
	Deterioration, destruction, or seizure of the property
	Lapses in fire insurance coverage
	Bankruptcy of your borrower
	Complications due to death or divorce of the borrower
	Keeping all the original documents safe and accessible

Receive your money now, instead of waiting years for the payments to trickle in. A lump sum of cash can be a valuable tool, while small monthly payments can often get spent rather than saved.

How We Calculate a Purchase Offer

Our bids are fast, free, and fair. We consider all the factors when determining how much money to offer you. To make sure you are getting fair market value for your contract, we ask simple questions about the following three categories:

The Real Estate

	What type of property is it?
	Where is it located?
	What is the property value?
	How easily it could be resold if the contract went into default?

The Borrower

	How long has the current borrower been making payments?
	Have the payments been made on time?
	Does the borrower have a good credit history?

The Contract

	What is the current balance of the contract?
	What is the interest rate?
	How long will it take to collect all the payments?

An important factor is the consideration of the “Time Value Of Money”. Think for a moment what the cost of bread is today vs. what it was 10 years ago or what the price of a movie is today vs. what it was 10 years ago. The fact is, money loses value over time, what a dollar is worth and can buy today will be less tomorrow. When considering real estate contracts, the future value of money is impacted not only by inflation, but by other factors as well, such as slow payments and risk of default. That is why the amount of cash we can pay for a contract today is directly affected by how long we must wait to collect the remainder of the payments due under the terms of your contract. Primarily, you don't have the original balance in hand. What you actually have is a promise of future monthly payments that are to be made by someone over the remaining term of the note. So yes, your contract will be discounted, but we will do our best to give you fair market value. Just keep in mind that having access to immediate cash today is more valuable than the promise to collect future payments tomorrow. Payment of an immediate cash sum is what you will receive from us.

Sell All or Part of Your Note

We can structure the purchase of your contract to meet your needs. You can sell all or part of your payments. It is possible to sell just enough payments to provide you with the amount of cash you want or need today. For example, you may need just $10,000 now to payoff high interest credit cards and your mortgage contract may have a $50,000 principal balance remaining. You can sell just enough payments to give you the cash you need. After the agreed number of purchased payments has been received, the mortgage reverts back to you and you receive the rest of the payments. A total purchase results in the most up-front cash to you and relieves you of any worries regarding the property or the borrower. A partial purchase provides you with some immediate cash today by selling several upcoming payments, after which you get back the contract and remaining payments at a later date.

Here’s How to Sell Your Contract

Thinking about selling? CONTACT US and we will do all the work. We even pay for the usual closing and processing costs. Once you have given us the details of your contract, we will prepare an exact quote and send it to you in writing. Our purchase offer will represent the net amount of cash you will receive. If you choose to accept the purchase offer, simply let us know. You are under no obligation to accept our offer. We have the resources and experience to get the money in your hands as quickly as possible. Typically, you can receive your cash within 20 days, provided no unusual circumstances arise. The normal closing process includes a credit evaluation on the buyer, drive-by property appraisal and a title insurance review. We know how to deal with problems such as delinquency, foreclosure, and tax and insurance issues, so you don’t have to worry. We are committed to making your transaction fast, pleasant, and hassle free. To obtain a quote request or if you want further information please feel free to CONTACT US and we will be happy to help you.

SELL YOUR BUSINESS NOTE

If you owned a business and have sold it to another party and are holding the financing of the sale you have an asset. It is possible to sell this asset for cash rather than receiving monthly payments. There are many different reasons why you may want to consider selling your contract. Whatever your reason, selling your contract is an easy way to turn the monthly payment you receive into an immediate lump sum of cash.

Are you concerned about your buyer (payer of the note)? When you sell your contract, the sale does not affect the buyer at all. The terms of the original contract between yourself and your buyer remain the same.

Sell All or Part of Your Contract

We can structure the purchase of your contract to meet your needs. You can sell all or part of your payments. It is possible to sell just enough payments to provide you with the amount of cash you want or need today. After the agreed number of purchased payments has been received, the contract reverts back to you and you receive the rest of the payments. A total purchase results in the most up-front cash to you and relieves you of any worries regarding the viability of the business or the borrower. A partial purchase provides you with some immediate cash today by selling several upcoming payments, after which you get back the contract and remaining payments at a later date.

Here’s How to Sell Your Contract

Thinking about selling? CONTACT US and we will do all the work. We even pay for the usual closing and processing costs. Once you have given us the details of your contract, we will prepare an exact quote and send it to you in writing. Our purchase offer will represent the net amount of cash you will receive. If you choose to accept the purchase offer, simply let us know. You are under no obligation to accept our offer. We have the resources and experience to get the money in your hands as quickly as possible. Typically, you can receive your cash within 20 days, provided no unusual circumstances arise. We are committed to making your transaction fast, pleasant, and hassle free. To obtain a quote request or if you want further information please feel free to CONTACT US and we will be happy to help you.