If you are holding a Private Mortgage Note as part of the proceeds from a sale or inheritance and you would like to receive a lump sum payment instead of having to wait for those monthly payments, we should speak.
We can work with you to get a great price for your note by structuring a Full, Partial or Split purchase that meets your needs. As a result, you will not be burdened with Time Value of Money concerns or Inflation. Hopefully you never again have to worry about collections, non payments, the possibility of foreclosure, property taxes and insurance premium payments.
Private Mortgage Note holders of Commercial property may want or need a substantial amount of money for another property, taxes or venture. In this case we can help you get the highest reward for your stream of scheduled income not yet realized. We can meet in person to explore all possible alternatives to comfort your needs and attain your goals.
Typically, “Residential For Sale By Owner” properties utilize taking back a promissory note as part of the purchase price to keep banks and real estate agents out of the mix. In reality, the seller has a larger market of potential buyers and they should receive a higher sales price take down while benefiting from a faster closing. Once a seller has done this procedure separately our Funding Sources can step in and advance you an agreed upon amount in cash today allowing you to walk away happy.
Together, we can proceed onto a simple and easy path transacting what you wish for. Let’s review a current Private Note holding or discuss a current / future scenario that this strategy may pertain to.