These Are The Most Frequently Asked Questions We Get From Note Holders
Question: Why should I sell my note
Because of the cash that's tied up inside your note. If you need money to pay off debt, invest in something else, or just need cash any number of reasons... Selling your note for cash right now may be a good route for you.
Question: Do you work with ITIN borrowers?
Yes, we do! The minimum requirement for ITIN borrowers to qualify for purchase is 30% down payment
Question: What determines how much I get paid?
1) The note: The terms of the note and the total owed.
2) The asset: We need to know some information about the property/asset that the note is against. The nicer the asset, the more the note is worth.
3) The borrower: credit history, seasoning on the note, etc.
Once we have all that info, we give you our evaluation and a cash offer for your note
Question: Do I have any obligations after I fill out the sell form?
No, you have zero obligations. All you need to do is wait for us to contact you with an offer.
Question: Is the borrower's down payment based on their credit score?
Yes, it is.
690+ credit: 20% Down
630-689 credit: 30% Down
601-629 credit: 40% Down
600 below credit: 50% Down
***Skip credit check with 50% Down
Question: What type of properties qualify for land note purchase?
Most rural and residential land, EXCLUDING:
Properties without legal and physical access
Properties with steep slope/unusual topography/irregular shapes
Properties with substantial wetlands/in flood zones
Properties that failed PERC test/cannot be developed
Most infill lots (unless zoned for mobile homes)
Most desert properties
Most industrial/commercial properties
***Minimum note balance: $25,000
We are experienced real estate investors serving Texas and select U.S. markets.