This will enable you to enhance your level of service to your clients, puts dollars in your pocket now for processing the transaction, and satisfies the financing requirements for your real estate agents. We DON'T make loans. We buy notes that already exist and we also buy owner take-back notes a few days after the closing of a property has taken place. If the seller continues to hold the note, they have a long-term investment with a guaranteed rate of return and can defer taxes on the profit from their home. They can sell off only part of the note if they want.
Private financing costs the home seller typically nothing.
He simply mails his monthly payments to a different address. We can quickly, accurately and confidentially provide a Professional Note Appraisal to enhance your level of service to clients by determining the current value of the note. The note holder can elect to sell all or part of the note for CASH, applying the proceeds towards a new financial goal or need. There are many reasons that your client may want to consider selling the note, or a portion of it, for CASH today, working with a reputable company such as Funding Connections. Usually, we can tailor a transaction to fit your client's exact cash needs, allowing him to sell all of the contract or just a portion of it, and we usually still cover all closing costs.