There are many reasons you would want to sell your cash flow note for cash.
Educational expense, college or trade school
Emergency medical expenses
Remodel or add on to your home
Purchase a new car or boat
To pay off debts where you pay a higher interest rate than you are receiving on the note.
To make another investment that will provide a greater return.
To invest in a more diversified portfolio that provides greater security than a real estate note or mortgage.
To relieve the burdens of bookkeeping and collections.
Just a few advantages of seller carry back private mortgage financing:
Studies show that by adding the words OWNER WILL CARRY or SELLER FINANCING to your ads you will receive up to three times the number of responses.
Receiving top price for you property by taking terms rather than all cash.
Monthly income secured by property you know and understand.
Possible tax advantages by deferring any gain.
Receiving a higher interest rate than if you deposited the proceeds from a cash sale into a CD or money market account.
You won’t have to worry about!
Default of mortgage
Bankruptcy of payer
Destruction of the property
IRS tax liens against payer
Divorce or death of the payer
Your note being assumed by a deadbeat payer
IRS income reporting requirements
Contact us now for a free quote on your cash flow or real estate note.