Q. What is a note? 

A written document that states a promise to pay, and the terms which include the amount, interest rate and length of time in which to fulfill this promise. We buy Nationwide (first & second position realestate trust deed notes and mortgages & notes only)

Q. What if I want cash now instead of waiting 5, 10, 20, or 30 years to get paid back? 

That's where we come in. we work with investors who are interested in purchasing your discounted note (or your client's discounted note) from you so you can have the money you need. This way, you don't have to worry about late payments or non-payment any longer! We buy Nationwide(first and second position realestate trust deed notes and mortgages & notes only)

Q. Who invests in notes? 

Actually, there are thousands of individuals across the country who invest in notes. However, they are small private investors compared to the banks and pension fund managers who are the biggest investors in promissory notes because these are considered to be fairly safe investments. Additionally, investors will know their yield before they even buy the note - you can't get that from investing in the stock market!

And The Reasons Why People Sell Their Real Estate Note:

1. Eliminating the risk, burden and responsibility in holding the real estate note
2. Relief from the hassles of collections
3. Relief from delinquency, bankruptcy or foreclosure issues
4. To obtain the immediate funds to satisfy a medical emergency or to pay for long term care needs of an elderly family member.
5. To obtain immediate funds to pay for your child's education
6. To obtain immediate cash to re-invest at a better rate of returns
7. To obtain immediate cash for re-investment in a better or more secure project
8.To obtain immediate cash for a vacation or an immediate travel.

Q. What kind of notes do you buy? 

Our primary business is single or portfolios of notes on real estate backed by residential and most commercial properties. We can purchase single notes up to $10,000,000.00.

We also buy many other types of cash flows - click here -

Q. Why would I want to cash in my Receivable?

There are many reasons to cash in your receivable, but the most common reason is to simple replace the regular payments they are receiving with a "lump sum" of cash.  Whether you need cash to pay for a child's college tuition, or to take the family on a Caribbean Cruise, selling your receivable may help you accomplish your goal.

Another great reason to sell your note is to eliminate the hassles and concerns associated with collecting the monthly payments, worrying about whether the insurance and taxes are paid etc.

Q. Why is there a discount?

The current market for notes may call for a yield in excess of the face rate of the note.  

We analyze each monthly payment you receive and calculate its value into the future. $100.00 today is worth more than $100.00 due to be received in five years.

Looking back 15 to 20 years ago, we could go to the movies for what? about $.50, right! And gasoline was about $.65 a gallon? Now look at what we pay. This is what we mean when we say dollars today are worth more than dollars in the future. So the "time value of money" must be factored into the price.

Q. How much will the discount be?

Each receivable will have a different value depending on many factors.

The amount of cash you will receive depends primarily on the following factors:

• Current Local Market Conditions

• Value of Underlying Real Estate or other Security

• Pay Record of Payee

• Payee's Credit History

• Loan to Value Ratio

• Type and Location of Real Estate or Collateral

• Current Balance, Interest Rate and term of note

Q. How long does the process take once I decide to go forward?

Usually one to two weeks after we receive all the necessary documents and information. Your help in expediting this process will speed up the process.  We try to make the process as easy and convenient as possible.

Q. Do I need to pay closing costs?

We pay normal closing costs on all real estate related transactions (appraisal, title insurance, and recording fee) on residential properties. On larger commercial properties, we may ask the seller to pay some, or all closing costs.

Q. Can I receive some cash now and still hold part of the note?

Yes! There are many ways to buy notes. 

Q. How does this affect the payer of the note?

The sale of your note, either a full or partial buy-out, will have no affect on the payers of the note. The terms (payment, balance, interest rate, term, etc.) do not change. The borrower will be given a new address to send his/her payments.

Q. After I get my quote, then what?

When you are ready to get your cash, we will need copies (not originals) of the "Relevant Data" to complete the sale.

• Original note, mortgage, deed of trust, or recorded land contract

• Abstract or Title Policy

• Copy of Fire Insurance Policy

• Social Security Numbers of Payors and/or Corporation I.D. Number

• Property Description

• Payment Record

• Closing statement on transaction creating this note.

• Photo of Property

Most of this information can simply be faxed.

We will handle all of the details!

Q. Where would the closing take place?

The closing normally takes place in the county where the property is located. If you have moved out of the area, the closing agent can complete the closing through the mail.

More Questions? Please feel free to Contact Us