CASH FOR YOUR REAL ESTATE NOTE

Where Funding Is Not A Problem





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Common Questions & Answers

Please click on the question to be directed to the answer:

Why Should I Sell My Real Estate Note?
What Are Some Common Reasons People Sell Their Notes?
What Is My Note Worth?
How Long Will It Take To Receive Funds?
Will Selling My Note Have An Effect On The Person Paying Me?
Can I Sell A Portion Of My Note?
Will I Need To Attend The Closing?
What Is Required For a Free Analysis of My Note?
Is Selling My Note Like Getting a Loan?
What Happens If The Mortgage Payer Defaults Or Is Late Making Payments?
What Costs Or Fees Would I, The Seller Have?
Will This Also Work With Brand New Notes?
Should I Talk To My Attorney and CPA?

Why Should I Sell My Real Estate Note?
PEACE OF MIND

If you enjoy receiving your periodic payments and do not need cash, then you probably do not want or need to sell your note.

Should your future finances change, or you currently are in need of immediate cash, then you may want to consider this option. Many people find themselves in a situation where a lump-sum of cash is either required or highly desirable.

What Are Some Common Reasons People Sell Their Notes?
FINANCIAL AGILITY

To pay off debts with higher interest rates.

To pay unexpected debts, such as hospital bills.

To pay for tuition, vacations or new cars.

To settle estates or divorces.

To relieve bookeeping and collection burdens

To invest in a business, stocks, real estate or other more profitable venture.

Tired of collecting small monthly payments and want to enjoy the cash now.

Did not want to carry the note in the first place.

Those who understand the present value of money may have many reasons to sell . . . and more and more people are choosing to take cash rather than wait for future payments. The only way some people can sell their property, or get their asking price, is to provide all or some owner financing. If structured properly, their brand new note can be sold / transferred at closing so they get all their cash at closing, just as if their buyer or property had qualified for traditional financing. For many FSBOs, Investors and Builders . . . Temporary Seller Financing is becoming the strategy of choice.

CASH received TODAY..... is worth more than cash received tomorrow!!!

By selling your note, you minimize concerns about:

Collecting the payments.
Default and Foreclosure.
Destruction/Devaluation of the property.
Federal Income Tax reporting requirements.
Bankruptcy of payor.
Divorce or death of the payor.
Abandonment of the property.
Deficiency judgements.
IRS tax liens or other liens against the payor.
Assumption of your note by another payor.

What Is My Note Worth?
VARIOUS FACTORS INFLUENCE THE NOTE VALUE

The value of a note is established by a number of factors, including: type and location of the property, condition of the improvements, structure of the note and mortgage, credit of the payor, priority position, interest rates, and much more.

How Long Will It Take To Receive Funds?
USUALLY LESS THAN 3 WEEKS

The whole process is very simple and straight forward and once all the necessary documents have been examined, prepared, signed and are in place, the transaction is concluded. This usually takes between two - three weeks, sometimes, even faster. On the day of closing, the funding source, through the title company, will provide your lump-sum payment directly to you, per your instructions to them.

Will Selling My Note Have An Effect On The Person Paying Me?
NO

All terms and conditions set forth in the original note and mortgage remain in force. The only change will be to whom and where future payments are sent.

Can I Sell A Portion Of My Note?
ABSOLUTELY

Yes, we call this a partial purchase. In some cases you may require only a specific amount of cash to make a purchase, handle an emergency, etc. In this case you might choose to sell only a few years of the payments to receive the specific amount desired.

Will I Need To Attend The Closing?
NOT NECESSARILY

We can close the transaction by sending you a closing package by overnight delivery along with easy to follow instructions.

What Is Required For a Free Analysis of My Note?
BASIC INFORMATION

A copy of your note and submission of a private mortgage note (real estate) worksheet, available at the Sell Your Note section of this website.

Is Selling My Note Like Getting a Loan?
NO

This is definitely not a loan. You would, in fact, be selling the entire note (or a portion of it) and there is no recourse to you for any reason.

What Happens If The Mortgage Payer Defaults Or Is Late Making Payments?
THE FUNDING SOURCE ASSUMES ALL RISKS
Since this is not a loan, the funding source assumes all risk for the entire note . . . or that portion you sell to them. You have absolutely no responsibility or liability.

What Costs Or Fees Would I, The Seller Have?
IN MANY CASES, NONE

Depending on the quality of the note, most costs, including any legal fees, are paid by Liberty Funding International or the funding source. There may be no out-of-pocket costs to you, the mortgage seller, other than providing a title policy and current appraisal. The $$ amount offered and accepted by you, for your note, is the actual CASH amount you will receive at closing.

Will This Also Work With Brand New Notes?
ABSOLUTELY

This is known as a "Simultaneous Close" and is one of the fastest ways to sell a property and still get all your cash at closing! To learn more about this Temporary Owner Financing approach to selling your property . . . review the various links on this web site . . . and call us to discuss your needs.

Should I Talk To My Attorney and CPA?
YES

Of course! You should talk to anyone you feel comfortable with . . . including your CPA, Tax Advisor, Banker, and Attorney. Feel free to have them contact us if they have any questions or concerns.

We pay top $$$ for your notes!

FREE, No Obligation Consultation!

Contact us at 954-261-7654

E-mail: info@LibertyFundingInternational.com