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Sell More
Real Estate
Buyer loves the house,
but can't get financing.
Seller won't offer financing,
wants all cash up front.
How do You
close this deal?
Your past client would like to buy another property
but his cash is tied up in a note created by the sale of his past property.
How do You
help this client? |
You most likely come across situations from time to time where:
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The buyer’s inability to obtain traditional financing causes a deal to collapse.
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A property, for whatever reason, is harder to sell.
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A client who would like to buy a property has his cash tied up in a previously financed Seller Note.
The solution to these problems are easily solved:
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Suggest to the Seller of the property to offer owner financing.
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Allow us to work with the Seller to offer to purchase a newly created note at the same time the property is sold.Known as a Simultaneous Closing this revolutionary method of financing has helped numerous individuals sell properties that are hard to sell and has helped countless individuals sell their properties faster by allowing more individuals the opportunity to purchase a property.
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Refer to us clients who are currently holding seller financed Notes that desire cash now for part or all of the balance or future payments.
The wonderful part of this entire process is that the Realtor is still able to make their regular commission and you will also build goodwill with your client by helping them when no one else can.
If you are interested in learning more about this excellent and creative financing method, then please contact us today and we can discuss this excellent win-win situation.
Close the Deal
Many times a property will not sell because it is difficult for potential buyers to obtain financing. While many properties are sold with some form of seller financing, often the Seller will not finance because he wants all of his cash up front.
While owner
carry-back mortgages can often provide the
catalyst to get the deal done, many sellers are reluctant
to hold mortgage paper for lengthy periods
of time.
Our program allows you to do more business by providing the Seller the option of selling his note once the deal is completed.
We represent a group of investors who purchase privately-held business notes. Our underwriters can provide a lump sum of CASH NOW for:
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Full Payment, whereby the Seller receives a full lump sum payment for the rights to receive all of the future payments on the Note.
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The Partial, whereby the Seller can receive the cash they need now, while retaining income from future payments on the Note yet to be received.
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The "split payment program" where the Seller can receive a lump sum now and still receive monthly income on the Note.
- Close the deal with the Simultaneous Closing option*.
Benefits to Realtors when their clients offer Owner-Financing:
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More people will come to look at the home as a result of offering owner financing.
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It will most probably sell for a higher price because the seller of the home does not have to reduce the price of the home when they agree to take back the note.
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The Realtor will make more because the home will sell for more and their commission is based on the selling price.
- We, the Cash Flow Consultant, offers the Realtor a referral fee.
Benefits to the Home Seller when offering Owner-Financing:
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More people will come to look at the home as a result of offering owner financing.
- It will most probably sell for a higher price because the seller of the home does not have to reduce the price of the home when they agree to take back the note.
Example of Cash Offer vs. Owner Financed**:
| |
CASH OFFER |
OWNER FINANCED |
| Sales Price |
$100,000.00 |
$100,000.00 |
| Cash Offer |
80,000.00 |
n/a |
| Down Payment |
n/a |
10,000.00 |
| Seller Note |
n/a |
90,000.00* |
| Sale of Note (Apprx) |
n/a |
72,251.77*** |
Real Estate Commission 6% |
4,800.00 |
6,000.00 |
| Escrow to Owner: |
n/a |
66,251.77 |
| Down Payment |
n/a |
10,000.00 |
Net to Owner/Seller |
$ 75,200.00 |
$ 76,251.77 |
| |
| *Note @ 8% for 360 months; $660.39 / mo. |
**Illustration for education purposes only. Actual amounts need to be constructed by Underwriters.
***Net in illustration assumes that the Note was purchased at simultaneous closing at 10% and less estimated fees.
While the majority of noteholders, at first, express an interest to sell the entire note, 85% eventually opt for a partials or splits. This is particularly attractive when a noteholder has a large balance owing, a large balloon or an extensive number of payments remaining.
By opting to liquidate just a calculated number of remaining payments, the noteholder can receive exactly the amount of cash he needs right now, retain future income from the payments not assigned plus the option to repeat the program again in the future.
This Service:
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Gives your client an option in selling his property.
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Allows these individuals the opportunity to perhaps purchase another property through you.
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Can result in more commissions for you.
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Referral Fees are offered to you for each purchased note that you refer to us.
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Have a client that want's to sell his Note? Request a Realty Quote
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Contact us
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A Gold Mine in Your Filing Cabinet
Other Services Include:
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Certified Note Appraisals for Financial or Estate Valuations
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Consultations prior to the sale to help make the Note more saleable in the future.
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We work with Individuals, Attorneys, Accountants and CPAs, Financial Planners as well as Business and Real Estate Brokers, Realtors and Mortgage Brokers.
Your past client would like to buy another property but
his cash is tied up in a note created by the sale of his past property.
How do You
help this client?
BUSINESS Quote | REALTY Quote | Appraisals | Contact Us
*Subject to all due diligence and underwriting criteria.
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