We Buy Private Notes
We will Pay You Cash Today For The Payments You Are Receiving
Free, Fast, Non Obligational Cash Quotes
We Buy Notes Anywhere In The United States
Broker Business Welcome
We buy
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.
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 today.
The
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 Typically Buy
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Real Estate including: Land Contracts, Mortgages, Trust Deeds, Wrap-Arounds, AITDs, Lease Options to Purchase, Seller Carry-backs and more. Click Here to see what makes a very salable Real Estate Note.
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Business Notes including seller carry-back notes secured by Equipment, Machinery or other business assets. Typically these notes are not 100% collateralized by hard assets. Click Here to see what makes a very salable Business Note.
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Structured Settlements of any kind where you are receiving a periodic payment over time on a lump sum owed you
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Divorce Settlements where one spouse is receiving payments over time. This could be alimony, house payoff or other
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Lottery Winnings are typically paid out over several years. We will provide you with cash today for your periodic payments from the lottery.
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Personal Notes on cars, boats, airplanes etc. These are handled on a case by case basis.
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Accounts Receivable 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. Click Here for more information on Accounts Receivable Financing or Factoring.
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Auto Loans - "Buy Here/Pay Here" loans welcome as well as other vehicle paper. Click Here for more information on how we buy Auto Loans.
In Short: 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 quote.
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.
Click Here to see what makes a very salable Real Estate Note.
Click Here to 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 notes.
Download Real Estate Note Package CLICK HERE
Download Business Note & Other Non-Real Estate Note Package CLICK HERE
Download Accounts Receivable Factoring Application CLICK HERE
Download Auto Loan Package CLICK HERE (also used for mobile home & real estate portfolios)
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
National-Note-Buyer.com - Who are these guys? 1-5-2011 How To Buy Real Estate Notes 1-6-2011 Are Private Notes For Me 1-7-2011 How To Create a Saleable Note 2-25-11
T. J. Stewart
(Over 30 Years Helping Others On The Cutting Edge Of Finance)
(765) 396-3427 Voice (877) 800-1932 Fax Toll Free
(866) 935-3100 Voice Toll Free
E-mail: BizInfo99@gmail.com or ts6947@ymail.com
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When Calling or Contacting Us, Please be prepared to answer the following questions: (Try to give as much info as possible as more info tends to increase bid amounts) Are you currently receiving payments on this note? Y/N Are the payments current? Y/N What kind of Property secures this note? (real estate, business assets, Other {Please Specify} etc.) ___________________________________________ ___________________________________________________________________________________________________ Is this property Owner Occupied? Y/N Is this note Personally Guaranteed by Payor? Y/N Where is the property located? ___________________________________________________________________________ What was the Sales Price Of Asset Creating This Note? $ ________________________________ When was the Sale Closed? _______________ Is this note a 1st, 2nd or 3d? (circle one)__________ What is the Note Balance? $ ______________ How much Cash Down for the Sale? $___________ Payor Credit (to the best of your knowledge) Excellent (700 or more) Good (650-699) Fair (600-649) Poor (<600) (circle one) Payor Credit Score _______________ Payor Age _____ Payor married? Y/N Approx. Payor Annual Income $ ___________ What Payor does for a living & for how long? ____________________________________________________________________________
The Note: Starting Balance $_______________ Interest Rate _____ % Payment Amount $_______________ 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 following: Balance of 1st $ ______________ Monthly Payment $ _____________ Balance of 2nd $ _____________ Monthly Payment $ _____________
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Click Here to download the gray preliminary cash quote form above
Please visit our associate sites for more great values:
If you're looking for a mortgage buyer, first buyer mortgage, first home buyer mortgage, buyer home mortgage, home buyer loan, first home buyer loan, broker note, mortgage note buyer, buyer mortgage note, business notes, seller carry back loans, land contracts, accounts receivable factor, factor accounts receivable, accounts receivable buyer, accounts receivable lender, accounts receivable loans, bhph loans, auto paper buyer, auto portfolio buyer, auto loan buyer, car loan buyer, car loan portfolio buyer, buy here pay here loan buyer, car loan portfolio buyer... you've come to the right place.
If you are looking for a note buyer, or
mortgage buyer,
business note buyer,
accounts receivable factor
or financer, auto portfolio
buyer you have come to the right place.
If it gives you
payments, we will buy it today for all cash.
We buy seller carry-back notes on real
estate or business sales anywhere in USA. If it give you payments, we'll buy it.
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