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Private Money Loans For Real Estate Investment, Commercial & Business Purposes
WE BUY NOTES, CONTRACTS AND OTHER FINANCIAL INTERESTS
If you are receiving payments from a note or contract secured by real estate and want to sell for a lump sum of cash, IGR Mortgage Services will buy your interest. The property securing the debt can be located anywhere nationwide.
Call 888-732-9480
What Is Your Note Or Contract Worth?
The value of your note or contract secured by real estate depends on several factors. We assess the risk of default should the payor (property owner) stop making payments. The main things we look at are what price the buyer paid for the property, the buyer’s downpayment, payment record, credit score, property location, type, condition and current market value. Of course the payment structure is important, including interest rate, payment amount and whether or not there is a balloon payment.
Sell a Partial Interest
For holders of notes and contracts who don’t need maximum cash proceeds, selling a partial interest should be considered. For example, if payments are scheduled for another 10 years the seller could sell 5 years of the payments. Then the paper would revert back to the seller and the remaining balance would still be substantial. This has the following benefits:
- Substantially reduces the discount
- The paper will have a significant balance when it reverts
- Seller’s residual interest can be sold if cash is needed in the future
WE PURCHASE THESE FINANCIAL INTERESTS – CALL FOR A QUOTE
Real estate note secured by trust deed
Land sale contract
Construction lien
Business note
Judgment against individual or entity
Structured insurance settlement
Inheritance in probate
Life insurance cash value
Lottery winnings and prize winnings
Location of the collateral can be nationwide
Have a Question About Selling a Note or Other Financial Interest?
Give us a call or contact us if we can help you with the sale of your note, contract or other financial interest nation-wide.
888-732-9480
