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Quote Options
We can make a
full purchase of
the real estate or mortgage note, in which we would buy all remaining payments
for a lump sum now.
If you have a specific dollar amount in mind, a
partial purchase is
usually an attractive option. We would buy only some of the payments so that you
would receive what you need now and you would still be able to receive future
payments. For example, a cash flow with a term of 360 months: we could purchase
the 180 front end payments, with the remaining 180 payments (and balloon, if
applicable) going back to you.
Flexible Quoting Options:
We provide you with the flexibility to structure a
transaction in a variety of ways. This means you get the best type of quote to
suit your individual cash needs.
All examples below use the following sample cash flow:
Current balance: $60,000.00 Interest rate 9%
Payment amount: $482.77 Remaining Payments: 360
Full Purchase
The purchase of the receivable in its entirety.
Ex.
We purchase the right to receive all the remaining payments (all 360) in the
above cash flow.
Partial Purchase
The purchase of installments from the front end of the
contract with the seller retaining installments and/or balloon payment.
Ex. In the example above we could purchase the next 180 payments, leaving the
remaining 180 payments for the seller, to collect or sell at a later date.
Reverse Partial Purchase
The purchase of future installments allowing the seller to
continue receiving immediate installments for a specified period of time.
Ex. The seller retains the next 6 payments. Then we purchase the remaining
354 payments.
Split Disbursement Partial
The purchase of a portion of each installment for a specified
period of time and amount with the seller receiving the remainder of each
installment.
Ex. We purchase $200 of each payment. The remaining
$282.77 is passed through to the seller.
Split Funded Payout
The purchase of a note with a guaranteed staged payout of
proceeds. Future staged payments paid regardless of note performance.
Ex. We purchase the full $60,000 remaining balance. The seller receives a
payment of $30,000 at the time of close and another $30,000 in 28 months.
(Actual pay price and time between payments will vary based on specific
structure of each individual transaction)
Simultaneous Purchase
The purchase of a seller-financed note occurring
immediately after the sale of real property.
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