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FAQ
How Does Selling My Note Work?
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Tell us the basics about your note – Quick, Easy & Free!
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If your note meets our buying criteria, we’ll set up a time to talk about your needs and goals.
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You may want to sell all or part of your note. We’ll present you with fair options in-line with your goals.
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Pay ZERO fees. We do all of the work. You have a cashiers check in hand in days.
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Once we get your information, we’re usually able to make you a fair offer within 24-48 hours.
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Close in as quickly as 7-14 days if you need to.
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Why should I consider selling my note?A couple of reasons. First off, your investment is trapped inside of those future note payments. So if you need cash to pay off debts, make a new investment, or any other reason… selling all or part of your future note payments may be a great option. Second, selling all or part of your future note payments doesn’t mean you’re losing principle. In fact, there may be ways we can structure the purchase of your note payments so you regain all or most of the principal owed you in the note.
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Why should I sell my note to Successful Note Solutions?Great question! In addition to the fact that we offer some of the highest prices and can close fast, once we buy your note payments… You won’t have to worry about admin tasks like IRS income tax reporting requirements, IRS tax liens against the payor or collecting payments. You won’t have to worry about borrower issues like bankruptcy, divorce, death, defaults on your note. You won’t have to worry about destruction and devaluation of the property. You won’t have to worry about your note being assumed by another borrower who leaves you holding the bag. You move on to other opportunities that don’t involve the hassle!
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How do you come up with the price to offer me for my note?There are a number of things that impact the value of your note, like: 1) The note: Payment amount, loan terms, number of remaining payments. 2) The asset: The property or asset backing the note. If it’s a quality asset, the note will be worth more. 3) The borrower: The wording on the note, credit profile, how and when they pay. With all of that, we’ll figure out the value of the note and present an offer. Our offer is based on the value of the note, the risk on us receiving the payments from the borrower, and the quality of the security backing the note.
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Are there any fees or commissions to work with you?There are NO fees or commissions to work with us. We buy and sell notes with cash… we don’t broker notes or charge the note seller any fees or commissions. In fact, you won’t pay any costs at all during the whole process… we pay every cost associated with the transaction. You get access to the cash trapped in your note without the hassles or costs that go with working with a note broker.
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Is there any obligation when I ask for a quote?No obligation at all. Once you tell us about your note, we’ll set up a call with you to find out about your goals in selling your note, more about the borrower or to confirm some details, and make you a fair cash offer that’s fair for you and fair for us. We know you have options. You have decisions to make. Whether you’d like to sell your note to Successful Note Solutions. Once you get our offer we encourage ask us any questions you want. No pressures. No hassles.
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I still have questions!Easy! BOOK AN APPOINTMENT and we’d love to talk you through the solutions we can offer to your unique situation.
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