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If
you want to sell your mortgage note or deed of trust note, we
have the expertise, integrity, and funds to make it happen.
As one of the best known and most respected mortgage
note buyers in the country, we are happy to work with you to find
a solution that fits YOUR needs when selling your mortgage note.
We can assist you with your note on nearly any type of property,
including;
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Residential
Mortgage Notes
Houses
Townhouses
/ Condominiums
1-4
Family Units
Mobile
Homes |
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Commercial
Mortgage Notes
Office
Retail
Apartment (more than 1-4 family units)
Industrial |
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Vacant
land Mortgage Notes
Developed
Land (utilities like power and water either on the
property or up to the property line) of 40 acres or less |
Over
the past 30 years, creating mortgage notes and deed of trust
notes with owner financing has
become an established and accepted practice in real estate. And
because of the mortgage note
industry, owner financing is an ever more attractive option.
You
can choose to sell all or only a portion of your mortgage note or
deed of trust note. You may
even sell future payments today while still receiving current
payments.
Why
Sell Your Note?
| There
are a variety of good reasons to sell your mortgage
note or deed of trust note, including never
again having to worry about: |
Collecting
payments, & keeping track of principal & interest
breakdown
Default
and foreclosure
Federal
income tax reporting requirements
Fire
insurance
Destruction
or abandonment of the property
Bankruptcy
of the payer
Divorce
or death of the payer
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How
Much will I Receive For My Real Estate Note?
| The
value of your real estate note is determined by
several factors, with the most important being: |
The
amount of equity in the property, including down payment
and seasoning, as a percent of the property value --
the more money that the buyer has paid in, the better the
quote that we can give to you.
Credit
rating of the buyer
Type of property -- due to the risk inherent in different
note types, notes on single-family houses can usually
be quoted higher than notes on commercial buildings,
mobile homes, or vacant land
The
time period of the note, as payments received further out
in the future are worth less than payments received
sooner
Interest
rate on the note
Location
of the property
1st
lien notes are almost always considered to be more
valuable than 2nd lien notes. This is due to there
being much higher risk to the holder of a 2nd lien note.
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The
Process
Although each situation is different based on your specific
needs, here are the typical steps involved
in selling your real estate note:
1)
Contact us and provide essential information about the mortgage
note and the property (type of property, sale price, payment
amounts, etc.).
2)
We respond within one business day with one or more quotes
(depending on whether you desire to sell the full note or only
part of it).
3)
If you approve the quote, we do a little more paperwork
(don't worry, it's a small amount -- nothing like buying or
selling a house). If there is no recent appraisal or title
policy, we arrange for those. You pay no closing costs, fees, or
commissions.
4)
From the time that you provide the documents, it generally
takes 2-3 weeks for you to get your money. You can choose to
receive the cash via check or wire. That's it!
Visit: www.ggbcapital.com
Real Estate Notes
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