We will Pay
You Cash Today For The Payments You Are Receiving
Non Obligational Cash Quotes
We Buy Notes
Anywhere In The United States
Broker Business Welcome
seller carry-back notes on real estate or business sales anywhere in USA.
If it give you payments, we'll buy
it for all cash today. Get started and get a non-obligational
cash quote by
downloading and completing two simple forms.
Why Our Services Are Needed
Often through the sale of real estate or a business or some
other asset, the seller ends up carrying some paper or put another way, helping
the buyer with some form of seller financing to complete the sale. After
the sale is complete, the seller often tires of receiving monthly payments and
desires to convert these future payments into a lump sum of cash.
Previously there has not been a market for this private paper but now there is.
This is where we come in. In Short:If you are receiving payments on it today we will give you a CASH lump sum
tomorrow for your position.
What We Do We
or our investors buy private notes anywhere in the United States. If you
have a note that is paying you monthly payments, we will buy your position for
all cash today. Any contract you have with the paying party will remain in
effect as we are merely buying your position. Our purchase is normally
non-recourse, so if there is a problem collecting future payments, you are not
responsible. We strive to provide note sellers with the maximum amount of
cash possible and believe we offer the best service to the seller available
process takes about three (3) weeks to complete with full cooperation from all
parties involved. The sale will be handled through the mail or at a title
company near you. Initially, we need you to complete a Questionnaire
on your note telling us about your note. After a review of this
questionnaire we will provide you with a cash price for your note.
Normally, we will have your cash quote back to you in about a day. If the
cash price is acceptable, we will ask for additional documentation to underwrite
the transaction and get you your cash. We are always be available to you
by phone, fax, email or cell phone.
The Types Of Notes We
Real Estate including: Land Contracts, Mortgages, Trust Deeds, Wrap-Arounds, AITDs, Lease
Options to Purchase, Seller Carry-backs and more.
Click Hereto see what makes a very
salable Real Estate Note.
including seller carry-back notes secured by Equipment, Machinery or other
business assets. Typically these notes are not 100% collateralized by
Click Hereto see what makes a very salable Business Note.
Structured Settlements of any kind where you are receiving a periodic payment over time on a lump sum
where one spouse is receiving payments over time. This could be alimony, house
payoff or other
are typically paid out over several years. We will provide you with cash today
for your periodic payments from the lottery.
cars, boats, airplanes etc. These are handled on a case by case basis.
Factoring Often a business is in need of cash today for the
accounts receivables on the business books. We can provide the business
with this cash.
Herefor more information on
Accounts Receivable Financing or
Auto Loans - "Buy Here/Pay Here" loans welcome as well as other vehicle paper.
more information on how we buy Auto Loans.
If you are receiving payments on it today, we will probably be interested in
purchasing your position today for all cash. Send us a completed
Questionnaire and we will provide you with a fast, free, no obligation cash
Questionnaire & Authorization Form. Upon receipt of these completed
forms we will provide you with a preliminary cash bid at no cost or
obligation to you. If this is satisfactory with you we will ask you for the
items on our checklist to complete our underwriting and provide you with a
final bid. If this is satisfactory, we will move to close and fund the sale
in a matter of a few days.
What Determines What a Note is Worth?Ideally, we, or our investors, like to purchased notes
where the property or collateral is occupied by the payor, the payor has good
credit, the note has been seasoned for 6 months or more and all payments have
been made on time, the equity on the collateral is 20% to 30% or more and the
collateral can be easily sold for cash if need be. This means that owner
occupied single family residential housing is preferred as it can easily be
sold if the need arises. Commercial real estate would be next in line as real
estate can't disappear on the note holder like other items of equipment etc.
Notes secured by non-real estate assets carry more risk and thus the yields
demanded by the marketplace are higher and so are the discounts. Non-real
estate notes would include; business notes, notes on cars or planes or boats
or other items of personal property. If all these criteria are met, the note
can often be purchased at par or with no discount to speak of. A bad
note would be one with limited payor equity in the collateral, poor payor
credit, note only has 1 or 2 payments seasoned and the collateral something
that could easily be moved by the payor. This bad note scenario would not be
purchased or if it were to be purchased, would carry a substantial discount.
Sometimes there are ways of improving a bad note to make the selling terms
appealing to buyer and seller and we can help you with this if need be.
As the above mentioned criteria deteriorate the note will be
discounted to compensate for the additional risk the deterioration has caused.
These is no set discount or yield investors set but the overall picture is
finely tuned for each note scenario. As you can see from the above, there
are many factors to be considered when purchasing a private note. The sooner
we have ALL the information the sooner we can provide you with a realistic and
meaningful cash quote. Some note brokers or buyers offer artificially
high bids initially to get the note seller under contract, then, they start to
beat the seller down on price due to some of the factors noted above. They
figure that once you start the process and send all the documentation to one
party, you won't want to start this process all over again with someone new so
they accept the lower value and move on. We don't operate that way.
We will provide you with a realistic cash quote from the start and our final
buying figures are pretty close to our initial cash quote we provide to you.
to see what makes a very salable Real Estate Note.
Click Hereto see what
makes a very salable Business Note.
To get started today, download a Questionnaire today and email
it back or fax it back to our office. Click on the Real Estate link below if you
would like a quote on a real estate note or the Business Note link for all other
Once we have reviewed your Questionnaire we will provide
you with a cash quote for your note. If you have any questions or wish to
receive the Questionnaire by email or fax, click on the email link below
Articles of Interest - Click on the Article Below to View it, then click your
browsers back button to return to this page
Amortized Years _____________ or Interest Only (circle one) Payments
Per Year _____________
Balloon Payment? Y/N If
there is a Balloon, It is due after how many payments?
If this note is not in First Position, Please complete the
Balance of 1st $ ______________ Monthly Payment $
Balance of 2nd $ _____________ Monthly Payment $
Click Here to
download the gray preliminary cash quote form above
Please visit our associate sites for more great
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