Frequently
Asked
Questions

1 

How is the value of a note determined?

The value of a note is affected by the down payment, interest rate, payment amount, and term as well as the buyer's credit rating and payment history.  The property's type, condition, and value also impact the value of your note.

Another factor that affects the note value is the time value of money. This economic principle states that a dollar today is worth more than a dollar tomorrow, making payments due now more valuable than those due in the future. This is caused by the gradual inflation that slowly occurs decade after decade.

All of these elements will be considered in determining your note's current value.

2

Why would I sell my note?

Circumstances change and many sellers would prefer cash today rather than small payments that trickle in each month. Here are just a few reasons people have sold their note payments for cash:

• Retirement

• Taxes

• Investment Opportunity

• Expensive Medical Care

• Vacation

• College Tuition

• Unexpected Financial Changes

• Peace of Mind – no more worrying if the buyer is going to make late payments or having to foreclose

• The list goes on…

3

Will selling my note affect the payer?

The payer experiences no change in the way the payments are structured. The only change will be the address where the payments are mailed or the electronic withdrawal information.

4

Do I have to sell the entire note?

We can purchase all or part of your remaining payments. Selling part of the payments allows you to receive a lump sum of cash up front, then resume receiving monthly payments when the note reverts back to you. 

Many people elect to sell just enough payments to meet their cash needs today and keep some of the future payments as an investment or nest egg. Always ask for an option that meets your needs.