We are Residential and Commercial
Note Buyers, helping sellers wishing to sell a note for top
dollar. The first step is to get a quote. Click on the Quote
Request below or call us.
Pricing - Call and Get Quotes From Other Buyers and
Then Call Us at 1-877-655-5625.
For Notes That Fit Our Portfolio, We Nearly Always Offer A
Much Higher Price
specialize in the Purchase of Owner Financed Mortgage Notes,
Deeds of Trust, Contract for Deed, and Private Land Contracts.
We help you turn your future income stream into a nice lump
sum of money. Closings in as little
as 10 days after all paperwork is submitted.
was a pleasure dealing with your company, communication was
great and the support through the process was great. I would
recommend Ron and his company to everyone. Thank you. Gerald
Turner, Ballinger, TX...... We consider Ron Stone a friend"
“Not only was Ron's initial
quote considerably higher than other quotes I received, he
took the time to fully understand my situation as well as
explain the process of pricing and selling. He then proceeded
to do exactly what he said he would do. Ron earned my trust.
I'll use his service again. Great friendly service and he's
easy to work with.”
Jim S., Bloomingdale, GA More
Would you like a Lump Sum
instead of waiting years to collect the money that is owed
to you? Perhaps you might use the money for an investment
opportunity, to consolidate bills, to send a child to college,
or even to purchase a new car. The choice is yours! Don't
forget, we are buyers of land contracts with
an underlying mortgage as long as you get enough to pay the
mortgage off . In some states they are called a contract for
deed. You can also get cash for a contract for deed
but the same applies to the existing underlying bank loan.
See Our FAQs
further down this page.
my Blog for more indepth answers/discussions of The Selling
Below is just
one of dozens of my posts.
The 5 Critical
Factors In Determining The Value Of A Real Estate Income Stream
here to read this post)
Pricing - Call and Get Quotes From Other Purchasers
and Then Call Us. For Situations That Fit Our Portfolio, We
Nearly Always Offer A Much Higher Price
does this process work? It’s a fairly straightforward
process. Following is how it normally goes.
offer is accepted we send you a purchase agreement detailing
the offer. Once we receive this signed purchase agreement
back along with a copy of the docs, Deed of Trust, etc., we
immediately pull the borrower’s credit. If credit is
acceptable (in line with what we were told in the quote request),
we then ask for proof of timely payments (usually the last
12 months via copies of checks or bank statements showing
the monthly payment deposits) and then order an appraisal
or BPO depending on the property and situation.
receive the property valuation back and it is acceptable,
we order a Title report and do a borrower phone interview.
When we receive clear title, we prepare final documents for
signing. You will need to have the Original Promissory and
Deed of Trust, Mortgage, Land Contract, etc. to send back
with the signed documents. Once the documents are received,
we wire funds.
are your one stop purchaser. While we discount the income
stream just like other purchasers, our discount is nearly
always lower than others in the industry.
I liked about working with Ron and his company was he always
went the extra mile to be sure I understood all about the
selling process. No one I talked to when I was searching for
a good buyer went to as much trouble to explain selling and
discounting before I actually decided to sell."
Michael S., King City, CA
is a partial list of what we consider buying- Non-Seasoned
notes in most states with good equity and credit, Partial
(X number of months) Purchases - Did you know that you can
get cash for some of your future payments as opposed to liquidating
the entire income stream? Inquire about our Partial Purchasing
Program. It's often a great value, where you get a nice lump
sum of cash now and either start getting your monthly
payments again down the road or you can get cash for the balance
when the payments revert back to you.
Why would I Cash
Out My Income Stream?
There are many good reasons in turning your income stream
into a lump sum. Here are just a few: 1) Take advantage of
a lucrative business opportunity, 2) Purchase a new home or
other real estate while real estate prices are this low, 3)
Pay off debt. Personally, I would sell my note today to give
me a nice financial cushion for these volatile economic times.
But that's just my personal opinion based on my serious concverns
about this economy and inflation.
Another simple reason is to remove the risks and hassles of
holding the paper. For more on why you would want to sell
a note on our tips page, particularly if you are thinking
of owner financing a property (commercial or residential).
Pricing - Call and Get Quotes From Other Buyers and
Then Call Us. If it is a fit for our portfolio, We Nearly
Always Offer A Much Higher Price
7 Days a Week
What are the advantages of converting my mortgage
pmts. to a lump sum? - The two biggest advantages
are a) Accessing the cash now for critical investments or
expenses and b) Eliminating the hassles of managing the borrower's
payments and reporting.
What are the criteria for how much I will receive when I get
a lump sum for my owner financed payments? There are 4 main
factors. They are: Equity in the property, seasoning, the
interest rate and lastly the credit of the borrower.
Will an appraisal on the property be necessary? Yes, however
if there is a lot of equity in the property a Realtor's opinion
of value (called a BPO for Brokers pricing opinion) may be
all that is needed.
Will you need to check the buyers credit when we sell? Yes,
it is a very important factor in determining the lump sum
of money you receive.
How long does it typically take to receive my lump sum payment
once I decide to Sell the Stream of Income? Typically
2 to 3 weeks.
Do you purchase mobile home income streams? Yes, if they include
What about notes on a commercial property? Yes, we are commercial
Do you buy business notes? We are no longer buying business
Can I get cash for my Land Contract? Yes.
Are you a buyers of Deed of Trusts? Yes, but you are really
selling the income stream and the Deed of Trust is the security.
I would like to sell my monthly note payments
but am afraid of loosing all the monthly income? Not to worry.
We can make a partial purchase (X number of month's pmts.)
for just the amount you need.
Can you still buy if there is a balloon payment? Yes.
Do you buy Alaska mortgage notes? Yes, we are buyers in all
How much of a discount will I have to take? Unfortunately,
discounts vary widely. For example a note with an interest
rate of 9% plus a lot of equity and seasoning will command
a much higher price (lower discount) than one with little
equity and an interest rate of say 5%. Even if you aren't
sure whether you want to cash out, call us to discuss your
Do you purchase payments in Texas? Yes, Texas is one of our
Are you commercial mortgage buyers for California?
Does long amortization periods like 30 years increase the
discount applied to the monthly payments? Yes due to the time
value of money.
want a lump sum for my note. How much money can I get for
my monthly payments? That depends on the structure, but I
will say this, there is a Strong Possibility that Your Income
stream Will NEVER be worth as much as it is TODAY.
Are you purchasers of contract for deeds and real estate land
contracts? Yes. This is essentially the same as a selling
a land contract. It's just every state uses different contract
29. Can you buy my note
if I have been getting paid in cash but have been giving receipts?
Possibly but we would have to look at other risk factors more.
However, if you have been depositing the payments regularly,
we can probably use your bank statements as proof of timely
Below is a list of Real Estate Articles we have on our site
that may be of interest to you.