Accepting payments on the sale of real estate might have made sense at the time, but circumstances change. Many sellers discover they would now prefer cash today rather than the small amount that trickles in each month. Here are just a few reasons people have sold all or part of their seller financed mortgage notes for cash:
Expensive Medical Care
Unexpected Financial Changes
Peace of Mind – no more worrying if the buyer is going to make late payments or having to foreclose
Accounting headaches, IRS regulations, paperwork hassles and the list goes on…
The only way to decide what is best for your situation is to know the options available.
When you request a free note analysis it reveals the current market value of your payments – similar to what a real estate appraisal provides for real property. Sometimes referred to as a “note appraisal” or “request for quote,” it lets you know how much your future payments are worth in cash dollars today!
We recommend having your note reviewed once a year as note values change based on market conditions.