National Note Buyer - Get All Cash Today For The Payments You Are Receiving

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.

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.

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