If it's CASH you need, let us help!
We are in the business of buying land contracts, mortgages, deeds of trust, and other sources of payments commonly referred to as "notes." We have been assisting people like yourself for over fifteen years, providing cash quickly and effortlessly. Since CFS uses their own investment capital and makes all decisions in-house, we can offer top dollar for you note plus an accurate evaluation you can depend on.
We have designed this section to answer some of the questions commonly asked by people considering the option of selling their payments. It also provides important information on maintaining the value of your note.
What is a note appraisal?
A note appraisal reflects the current market value of your payments similar to what a real estate appraisal provides for real property. Frequently referred to as a "quote" it shows what your future payments are worth in cash dollars today. We recommend you have your note evaluated once a year.
How is the value of a note determined?
The value of a note is affected by the down payment, interest rate, payment amount, and term as well as the buyer's credit rating and payment history. The type, condition, and value of the property also impact the value of your note.
The time value of money, which makes payments due now more valuable than payments due in 20 to 30 years, also plays a factor in the evaluation process. Generally, due to inflation, money in your pocket today is worth more now than later. All of these factors will be taken into consideration in determining the current value of your note.
When you sold your home or investment property, you decided to carry back a note for the new buyer. Seller financing is a growing business. More people are electing to take back a deed of trust, mortgage, or contract for many reasons:
However, circumstances change and many noteholder's would prefer cash today for their future payments. There are a variety of reasons people consider selling their payments for cash:
and the list goes on...