Buyer of residential real estate notes in all states
except Michigan as well as Commercial Mortgage Note
Pricing - Call and Get Quotes From Others and Then
Call Us. For Situations That Fit Our Portfolio, We Nearly
Always Offer Much Higher Pricing
Ask For Ron Stone
Buyer is a website of U.S. Funding Solutions, Inc.
We specialize in purchasing Owner Financed Real Estate Notes.
We are also commercial mortgage note buyers
(Closings in as little as 10 Days once
all paperwork is in.)
a partial list (Call should you have an income stream that
is not on this partial list) - Non-Seasoned mortgage notes
(some states), commercial notes, Partial Payment Purchases
- Don't hesitate to call if you have any questions. We pride
ourselves on answering all your questions no matter how small.
quote was quite a bit higher than other buyer's quotes I received.
Also, he took the time to fully understand my particular situation
and go over the selling process. He also did exactly what
he said he would, despite numerous complications that were
not his fault that came up. He earned my trust, which is not
an easy thing to do. I would highly recommend him and his
company.” Jim S., Bloomingdale, GA More
Did you know that you can cash out a portion
of your payments (X number of months) as opposed to selling
the entire stream? Inquire about our partial purchase program
for great value due to the lower risk to an investor.
So why choose U.S. Funding Solutions to sell
your monthly payments to? We are a national purchaser of private
financed notes. We pride ourselves on paying the highest
price in the industry. Also, we conduct ourselves in a professional
manner and have the ability to fund your sale quickly. Bottom
line is we do what we say we will do. We also return ALL calls
promptly, usually within 1 hour during business hours and
within 2 hours on the weekend.
Pricing - Call and Get Quotes From Others
and Then Call Us. For Situations That Fit Our Portfolio, We
Nearly Always Offer A Much Higher Price
what the Government tells us, the blue line on the chart below
shows why now is a good time to sell your income stream. At
a real inflation
rate of almost 10%, what will your payments really be worth
in 15, 20 or 30 years?
1. What determines
how much I will receive when Isell my monthly
payments? There are 5 main factors that buyers consider. They
are: Equity in the property, seasoning (number of payments),
the amortization period, the interest rate and lastly the
credit of the borrower.
2. Is an appraisal
necessary? Sometimes. It depends on the equity and dollar
amount and possibly credit of the borrowers.
3. Do you need
to check the credit of the borrower(s)? Yes, it is an important
factor in determining what it's worth.
4. Can I sell
a mobile home mortgage? Yes, when they include the land
and the mobile home is permanently attached to the property.
5. Are you buyers
for income on raw land? Yes.
6. Are you a
commercial loan buyers? Yes, for private business
7. Can I still
get a quote if I don't know the credit of the payor? We will
provide you with a quote based on your best guess and adjust
(up or down) the price after credit is pulled.
8. Can I sell
a Land Contract to you? Yes. If however you have an underlying
bank loan, it will have to be paid off.
9. Are you purchasers
in Texas? Yes.
10. Are you California
11. What do you
need to give me a quote? The date of the sale of the home
or business properties. The sales price, down payment and
original loan amount. Also, when the first payment was made,
the terms of the financing and the current balance (we can
calculate this if you don't have it).
Just What Information Will You Need for a Quote?
will need the following information:
The sales price of the owner financed real estate
The down payment amount
The original loan amount
The interest rate and amortization period
Is there a baloon payment and if so what is the balloon date?
The balloon amount
The date of the first payment
Current balance, although we can usually calculate it
Estimated credit for your buyer
Is the property owner occupied?
The type property, i.e. Single Family Residence, mobile home,
business real estate (and type), etc.
The address of the home and any special information on the
A current estimated value
Documents Do You Require?
require a) A copy of the Promissory, b) a copy of the Deed
of Trust or Mortgage depending on the state, c) Proof of payments
(not just your hand written receipt), d) the settlement statement,
e) copy of the title work if available and f) Social Security
number and address if different from the property's address
to pull credit. These documents are not required for a quote.
a partial note
is a great way to get a lump sum of cash while retaining years
of income or the note's balloon. A partial saleis
simply the best way to get cash out while taking the
least amount of discount on your future income. You might
even want to treat your owner financed cash flow like a piggy
bank and sell a part of the payments several times. Should
you just sell some, at the end of the period purchased, should
all go well most purchasers would generally want to purchase
the balance of stream and most likely price these payments
with a lower discount as they've experienced dealing first
hand with the borrower.