Sell your Promissory or Mortgage Note for CASH!
We buy all kinds of Notes! Please fill out the following form for a Quote!
Usually, a promissory note is acquired instead of the cash desired during a real
estate transaction. If retained long enough, many notes will eventually pay off.
However, late payments, insurance liabilities, tax problems and foreclosure may
soon plague some mortgage note holders. Even when these problems do not arise,
many people would really prefer to have their cash now!
What other reasons are common?
Other reasons include: to pay off high-interest debts, to invest in a business, real
estate or stocks, to pay tuition, to remodel a home, to buy a new car or boat, to
settle an estate or to provide for relatives unable to service the mortgage. Some
people didn't want to carry back the note in the first place, or have grown tired of
collecting the monthly payments.
Will I incur any "out-of-pocket" expenses?
Ordinarily not.
When I convert my note to cash, how will it affect the person(s) paying me?
It will not. All the terms and conditions set forth in the original note and mortgage
remain in force. The only change will be to whom and where future payments are
sent.
How long will it take to receive my money?
Generally, two to three weeks. Payment is made at closing, when all documents
have been signed and recorded.
Will I need to attend the closing?
No. Our office will close the transaction by sending you a closing package along
with easy to follow instructions. Just go to www.investmental.com, or call (954)
465-7252. We can do all transactions through the mail with Overnight and Priority
Mail Speed!!
How will I be paid?
Your payment will be made by certified check from a major financial institution.
Will you buy second or third mortgages?
Yes. The position of the mortgage is not as important as the "loan-to-value" (LTV)
ratio. A second or third should be at least 25% the size of the first. If the LTV is
right, we'll buy it.
My mortgage has a balloon payment at the end of the term. Is that OK?
Yes! We buy balloons, too.
Do you buy interest-only mortgage notes?
Yes!
Will you buy a new mortgage, or does my note need to be "seasoned"?
Yes, we buy new mortgages. (A seasoned mortgage is one that has been partially
paid down, giving a history of how payments have been made.)
Do you buy notes from any state?
Yes!
Can I sell a portion of my mortgage note?
Yes. In some cases, you may require only a specific amount of cash to make a
purchase, handle an emergency, pay off a loan, etc. If you had 200 payments
remaining, you could, for example, sell just the next 60 payments for the amount
needed. After five years, the payments would revert back to you.
Do you limit the size of the notes you buy?
No. Any size is OK if the "Loan to Value" (LTV) is favorable.
Let's say that I'm holding a mortgage with a balance of $25,000. Will you pay
me the entire $25,000?
The value of money decreases over time: a $100 bill will buy less in ten years than
it would today. Because of this, the amount paid will be less than the current
balance. The amount depends on the interest rate you charged the buyer, the term
of the mortgage, the current prime rate, the value of the property, as well as other
factors.
Why should I sell my mortgage note for less than the balance?
Simple: The earning power of the decreasing mortgage balance is considerably
lower than the earning power of a fixed sum invested at interest. For example,
assume that the current balance of the mortgage you are receiving payments on is
$25,000, at a 10% interest rate, with ten years of $330.38 monthly payments
remaining. The total value to you if you were to receive all ten years of future
payments is $39,645.60 (120 months times $330.38). However, if you accepted
$22,000 today, and invested that amount in a 9% government bond (or other
insured investment), the "simple" interest earned would be $165 per month. Ten
years of interest would bring you $19,800, without touching your original $22,000
principal. Adding those up, the total value of your investment would be $41,800,
which exceeds the $39,645.60 you would have collected from the monthly
payments! Furthermore, if you sell, you have a guaranteed income when you
invest in insured, fixed rate investments. A mortgage note is only a promise of
future payments that may, or may not, appear.
[P.S. When a note is paid off, there's no more income. If, however, you exercise the
cash now option, your principal and interest could remain with you forever!]
What can I expect when I call or correspond with your office?
We treat every client with the respect and fairness that we expect to receive
ourselves. We ensure that all parties involved are happy!

ACT TODAY, BEFORE DECLINING REAL ESTATE VALUES AND
NEW INTEREST RATES DEPRECIATE YOUR INVESTMENT!!
Real Estate Note - Selling FAQ (Frequently Asked Questions)
Contact First Name
Contact Last Name
Contact Email
Contact Phone
Preferred method of contact
Are you currently receiving
payments on this note?
Type of Property
Payor's Credit Score
Property Value
Owner Occupied?
Sales Date
Sales Price
Down Payment
City
State
Face Value of Note For Sale
Note Balance
Interest Rate
Payment Amount
Payment Increments
Number of Payments Made
Date of First Payment
Number of Payments Remaining
Date of Next Payment Due
Loan to Value
Are Payments Current or Delinquent?
Balloon Payment?
If Yes, when is  Balloon Payment Due?
How Much is the Balloon Payment
1st - Remaining Balance
2nd - Remaining Balance
How Did you Hear About us?
Any Additional Comments?
If you have sold a property, and taken back a promissory, mortgage note, or
trust deed, Investmental.com will buy it from you! We can provide you with a
Lump Sum of CASH for your Note! We will take over payments and you will get
the cash, that you wanted in the first place! Fill out our On-line form, for a free
quote, and see our "Note Selling - Frequently Asked Questions", at the link
below. No matter how small or how large your note is, we are capable of
providing you with the cash that you want, or need!
Investmental.com
       
SELL A MORTGAGE NOTE