Did you know that you can sell your owner financed mortgage note and get the cash you need to pay off bills, consolidate credit cards, maybe even go on a needed vacation? You could use the money as a down payment on a new home or a second home.Well you can sell your owner financed mortgage note and it's not hard to do. Let's say you're holding an owner financed note and you're getting tired of collecting monthly payments,and decide you would like a lump sum of cash instead. You would simply call or look up on the web a company or broker/contract buyer who would then evaluate the note and give you a quote for the amount they're offering to buy the note for.
This is easy to do and millions of people get the cash they need by selling their owner financed mortgage note and you can too! Did you know also that you can even sell just a part of your note in what's known as a "Partial Purchase" where you get a lump sum of cash for a pre-determined number of payments after which the payments revert back to you,and in this instance you refinancing mortgage own the note.
In conclusion remember these words of advice. Make sure the company has been in business for a refinancing mortgage and is professional in their business of buying owner financed mortgage notes. Don't sell your note to just anyone. Choose wisely and you will get the quote and ultimately the amount you want or need.
Gregory Kirkwood, President of G.K. Funding is an independent broker/contract buyer affiliated with a large, well known industry leader in the purchase of mortgage notes and other cash flow instruments and they have been in business since 1993. You can e-mail him at: gkfunding@gkfunding.com It is also recommended to visit this website for further info.: http://www.GKFunding.com
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