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We Pay Top Dollar at Sell My Note for your:
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This is a brief description of the Note Purchase Options available at Sell My Note... Sell My Note Purchase OptionsThere are a number of different purchase options for your trust deed, land contract or real estate note here at Sell My Note. Which option(s) you may qualify for depends on your situation. These definitions are provided for your information. Click on a term to learn more:
Have other questions? Try the Sell My Note FAQ page, send us a question using the handy Sell My Note Information Request Form, or call us at: 1-800-397-3893
Receiving payments from real estate sold? Need Cash? We can help!
Fast, Free Closings Sell My Note Pays All Closing Costs We Offer:
The Full Purchase Buyout is when we purchase the full remaining interest
in
The Partial Purchase Buyout is when we purchase a fixed number of payments while the note seller retains all residual interest in the note and mortgage. We can purchase any number of payments as long as there is sufficient equity in the property. The note seller would get a lump sum of cash now and begin receiving payments again after our initial purchase is complete. Partial Purchase Buyout
A Simultaneous Purchase Buyout is when we fund the note purchase transaction on the same day as the closing on the property. For instance, lets say you want to sell a property and hold back the note. You decide that you don't want to hold the note but to sell it right away. Well, you can close on the property sale to the buyer and then go right into a note closing with us at the same title company or attorney, thereby collecting your money that same day. Not many companies can offer this kind of service. Simultaneous Purchase Buyout
The Split Purchase Buyout is when we buy a mortgage that has a certain number of payments and a balloon payoff due at a later date. We can buy the payments leading up to the balloon and a certain portion of that balloon when it comes due. The note seller gets a lump sum of cash at closing and receives the other portion of the balloon split when it gets paid. Split Purchase Buyout
The Reverse Partial Buyout is when we purchase a mortgage from a note seller, but you get to keep a certain number of payments UP FRONT. Meaning, we will pay a lump sum of cash at closing and they will continue to receive monthly payments as they have been. The payments that the note seller is to be paid will be serviced by a multi-billion dollar national servicing company. Reverse Partial Buyout
The Two-Stage Buyout is when we will pay a note seller par value on their mortgage, but in two stages. Generally we pay 1/2 of the mortgage balance at closing and the other 1/2 of the balance in a certain number of months. The second payment on this program is backed by the assets of a multi-billion dollar insurance company and is GUARANTEED, regardless of the future performance of the note and mortgage. The payor?s credit must be very good to use this option. Two-Stage Buyout
Phone us at 800-397-3893 for your free Sell My Note quote NOW! - or - Fill out our Free Online Quote or download the Sell My Note PDF Quote Form
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