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Frequently Asked Questions
(Miniumum Note Amount $25,000.00 NO EXCEPTIONS)
| 1. What is a note? |
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A written document that states a promise to pay, and the terms which include the amount, interest rate and length of time in which to fulfill this promise. Nationwide We buy ( first and second position realestate trust deed notes and mortgages & notes only ) |
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| 2. What if I want cash now instead of waiting 5,10,20, or 30 years to get paid back? |
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That's where we come in. we work with investors who are interested in purchasing your discounted note (or your client's discounted note) from you so you can have the money you need. This way, you don't have to worry about late payments or non-payment any longer ! We buy ( first and second position realestate trust deed notes and mortgages & notes only ) Nationwide |
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| 3. Who invests in notes? |
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Actually, there are thousands of individuals across the country who invest in notes. However, they are small private investors compared to the banks and pension fund managers -- they are the biggest investors in promissory notes because they are considered to be fairly safe investments. Additionally, investors will know their yield before they even buy the note -- you can't get that from investing in the stock market ! And The Reasons Why People Sell Their Real Estate Note:
 Eliminating the risk, burden and responsibility in holding the real estate note - Relief from the hassles of collections
- Relief from delinquency, bankruptcy or foreclosure issues
- To obtain the immediate funds to satisfy a medical emergency or to pay for long term care needs of an elderly family member.
- To obtain immediate funds to pay for your child's education
- To obtain immediate cash to re-invest at a better rate of returns
- To obtain immediate cash for re-investment in a better or more secure project
- To obtain immediate cash for a vacation or an immediate travel.
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| 4. How much is this going to cost me ? Free their is no charge for us to locate a note buyer for you |
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There is no charge for us to locate a note buyer for you We'll have a buyer lined up for your discounted note (or your client's discounted note) within just a few days. |
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| 5. How long will it take before I get my money? |
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1.. Normal closing time is 2 weeks to 30 days, once we have lined up a buyer.
If you have any other questions, please feel free to contact us at. mtrs@ca.rr.com |
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