Our efficient process guarantees the conversion of your real estate note into cash within just 30 days. Below is a comprehensive step-by-step breakdown of how it all seamlessly integrates together:
During your initial consultation, you’ll have a comprehensive one-on-one conversation with our experienced representative who specializes in acquiring real estate notes. They will guide you through the critical aspects of your real estate note, ensuring your complete understanding. Our team of experts will thoroughly evaluate all the details of the note, working diligently behind the scenes to formulate a fair offer. Rest assured, we prioritize your privacy and confidentiality and will communicate the offer to you accordingly.
From days 2 to 7, we prioritize meeting your needs. Our dedicated team is here to address any questions or uncertainties you may have about selling your note and the terms of our offer. If you decide to move forward, please sign the necessary documents, and we will proceed with the next steps of the process.
During this phase, we rigorously execute all necessary due diligence tasks. This includes obtaining an appraisal and conducting title work, both of which are covered by NoteVault, LLC. Due diligence is a thorough process that involves close collaboration with trusted partners and may take up to 14 days to complete.
Typically, during weeks 3-4, following the completion of due diligence, our team assumes responsibility for processing your file. We diligently work to facilitate the closure of your transaction in collaboration with a reputable title company in your local area. During the closing, you will receive the agreed-upon lump sum of cash via a wire transfer or ACH. This transaction will occur on the scheduled closing day.
Throughout the entire process, your dedicated point of contact will provide you with comprehensive guidance. With their expertise in note selling, they are committed to ensuring that you have a thorough understanding of each phase. We are delighted to be a part of your financial journey and eagerly anticipate helping you.