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Today, Owner-financing (seller-financing) has become an established and accepted practice in real estate, and is a more attractive option than it once was. More details follow below.


RushMore Resources can facilitate the sale of existing private mortgage or commercial notes, portfolios of residential or commercial mortgages, in whatever fashion the note holder prefers. With a private mortgage note, we can also arrange a point of sale funding, also called table funding or simultaneous closing.

[A SIMULTANEOUS CLOSING is an option that can greatly expeditite the sale of
your property and get you immediate cash, as well. (Finance the sale of your
own property and, at the same time, sell all or part of the payments you will
receive for cash immediately.)
For more information on
Simultaneous Closings,
click here.]

For an example of a mortgage note sale and some of the options available, click here.

For more information, see below.

Contact RushMore Resources now for more information on Selling your Note!
Or,
submit information now to get started. Or, read on for more information.



There are 3 main types of owner-financed (seller-financed) notes, listed below. But, we can help with almost any type of note.
  

1. RESIDENTIAL/ PRIVATELY-HELD NOTES:

 

Mortgages, Deeds of Trust, or Land Contracts that are created by
the sale of residential property, including houses, townhomes, condos, 1-4 family units.  

 

With RushMore Resources, you can:

        ·        Sell all or only a portion of your privately-held note.
·       
Sell future payments today while still receiving current payments or sell part of each payment or sell as you wish.

Or, you can also do a Simultaneous Closing, as mentioned above.


Contact us now for more information.
Or, submit information now to get started.


2. COMMERCIAL/ BUSINESS NOTES:

A Promissory Note (Mortgage, Deed of Trust, or Land Contract) that is created by
the sale of any type of commercial property, including an office, retail store, apartment building, industrial building. 

A Business Note is created like a private note, when the business owner sells the business using Owner-financing and it is secured by the business and its assets. The seller accepts a cash down payment for part of the sale and a promissory note for the balance. The seller may want to move on to another business venture, to have money to expand, or to retire.

About 85% of all business sales involve seller-financing because traditional banks don't usually loan money for business purchases.

If you have recently sold a business for which you are still holding the note,contact RushMore Resources now for more information.
Or, submit information now to get started.

There must have been at least four payments made. And there are other parameters that are preferred. Details can be discussed when you contact us.



3. VACANT LAND NOTES:

Mortgages, Deeds of Trust, or Land Contracts that are created by the sale of any land, including developed land, undeveloped land, land not specified as specific use property (farm land or waste storage), but not land improved for development/building.

Contact RushMore Resources for more information.
Or, submit information now to get started.



FREE, NO OBLIGATION CONSULTATION!

CONTACT RushMore Resources today! Or, call 316-259-7341 or 866-457-8223.


Better yet, submit your information now and let's get going!