If you are like most people, to seal the deal and sell your property, you carried back a mortgage note and are stuck collecting monthly payments. You probably would have preferred to get the lump sum of cash, which you can do a lot more with. Just imagine, does $700 dollars a month, month after month, sound better or $70,000 cash today? Not to mention the hassle of collecting late payments or not receiving a payment at all! Stop losing sleep. Cash in your note and walk away with the cash you need to take that long-deserved vacation.

If you would rather relax on the beach soaking up sun rays and sipping on a tropical delight rather than continue living the typical rat race of an eight to five job just to get home and pay the bills, then please consider the options to sell your note. The vacation you have always dreamed of can become a reality much sooner than you may have anticipated. Heres how!

When selling your note you have the following options.

Full purchase

Sell the entire note and receive a lump sum of cash at closing.

Partial purchase

Sell a portion of the note and reassume payments in the future.

Balloon purchase

Sell a portion or the entire payments; and a portion or the entire balloon payment. A balloon payment is the final payment on a mortgage, trust deed, or land contract. This final payment amount is greater than the preceding installment payments and pays the loan in full.

Multi-stage payout

Collect cash at closing and receive a future guaranteed payment.

Reverse partial purchase

Collect cash in exchange for future income stream and the next up front number of payments when due.

Split partial purchase

Collect cash at closing for portion of note in future payments and receive the remaining portion of the note when due.

Examine the following scenario on how a car note may be used as creative financing. Bob and Dave are good friends. Bob owns a nice car, but really needs a truck for his work. Dave just started a new job and would love to purchase the car from Bob, but does not have the cash.

Bob is eager to buy a new truck for work, so he agrees to finance the car himself and hold the note for Dave. Dave owes an IOU, a written promise to pay Bob a certain monthly amount with specific agreed upon terms and conditions.

After a few months pass, Bob really wants to buy a new lawn mower. He now wishes he had the cash from selling his car and not the monthly income payments from Dave. He decides to sell the note to an investor in exchange for cash immediately.

In this scenario, Bob was able to sell his car fast and easy. He got the lump sum of cash he needed, and Dave was able to purchase the car without the necessary down payment. Strategic deal structuring enables a mutually beneficial situation and can help seal the deal much faster. Bob and Dave both benefited from the transaction!

Remember you dont have to hold a note for 30-years. You can receive the cash you want NOW! The process typically only takes 30 days or less for you to get top-dollar for your note! Your note will be listed at no cost and you will receive several no-obligation quotes without a cost to you! Dont let finances place a huge burden on your lifestylesell your note and take a vacation or even use the money to pay off bills or make alternative investments.

Who doesnt need a vacation? See you on the beach!