Fill out our online form to receive a quote. Please ensure that you have the necessary documents and make copies of them for submission.

• Notes and mortgages (trust deeds and contracts).
• Statement of closing
• Information about the buyer
• Current balance and pay history
• The policy of previous title insurance
• Policy for current hazard insurance

Our offer will be subject to title, appraisal, and a credit check of the buyer. Once the sale agreement has been authorized and all necessary documentation obtained, along with the completion of due diligence, a closing day will be scheduled for the disbursement of funds. Typically, the entire process can be completed within a timeframe of 30 days or less.

Sometimes, sellers prefer immediate cash instead of small monthly payments due to changing circumstances. People sell their note payments for cash for a variety of reasons:

• Gaining Peace of Mind – Eliminating Worries About Late Payments or Foreclosure.
• Preparing for a Comfortable Retirement.
• Managing Tax Obligations.
• Seizing Investment Opportunities.
• Covering Costly Medical Expenses.
• Enjoying Dream Vacations.
• Funding Higher Education.
• Adapting to Unexpected Financial Shifts.
• Accounting headaches, IRS regulations, paperwork hassles, and the list goes on

Promissory notes are evaluated based on the following factors: 

• Rate of interest
• Payment history of the note.
• Value of collateral
• The financial situation
• Schedule of amortization
• Term and condition
• A default provision and a protective covenant
• The timing and amount of future payments

A promissory note's fair market value is the present value of its expected payments. A market rate of interest based on the note's risk can be used to calculate this. Notes with an interest rate below market value will sell at a discount from their balance.

Several factors affect the value of a note, including the down payment, interest rate, payment amount, and term, as well as the buyer's credit rating. The property's type, condition, and value also affect a note's value.

As part of the evaluation process, the time value of money is also considered, making payments due now more valuable than those due in 20 to 30 years. Money in your pocket today is generally worth more than it will be in the future due to inflation. Your note's current value will be determined by taking into account all of these factors.

A lot of the factors that affect the value of your note were determined when the property was sold. Three things you can do now to increase the value of your note are:

• Keep good records and copies of payments,
• Get a copy of the buyer's property insurance policy each year
• Ensure that the property taxes are paid on time (usually twice a year).

This way, you will be able to maintain the value of your most valuable asset and avoid any unpleasant surprises.

It depends on your current needs and plans. You can sell us all or part of your remaining payments. We can discuss the options that are a good fit for your needs.

Upon receipt of the final transfer package and original documents, the purchase price will be paid in guaranteed funds (cashier's check or wire transfer).

Wire transfers are initiated to the title company, allowing for the seamless and secure exchange of original documents for proceeds.