Have
you sold real estate in the past and carried the financing? Are you
presently receiving periodic payments, scheduled to continue for years
on end? Do you need cash but your money is tied up in the smaller
monthly payments? Are you interested in discussing the different avenues
that are available to you to pull that much needed cash out of the note?
National
Capital Corporation is helping individuals just like you
get their hands on the cash they need, utilizing the privately or corporately
held promissory notes created when you sold real estate and carried
the financing. NCC buys all forms of real estate paper. Whether individual
ma and pa, seller financed notes or large institutionally originated
pools and portfolios, National has the ability to participate at any
level... and size is no object.
"I've heard the discounts can be horrible...
...is
that true?"
Every note is bought at varying discounts. Discounts
are created when you decide to trade years of future payments for cash
today. The longer we have to wait for our return on investment (meaning
the further into the future the note payments go), the less valuable
those future payments are as inflation, cost of living, etc. both have
an effect on the buying power of each monthly payment. The market
value of your future payments will depend on a variety of factors like
the credit worthiness of the party you sold to, the appraised value
of the property, how much equity the borrower has, how many timely payments
they have made to date, etc.
Every deal is
different. We can provide a no obligation evaluation of what your future
payments are worth typically within 24 hours.
Please
Note: With few exceptions, NCC does not buy residential 2nd mortgages
or Deeds of Trust. They are usually in lieu of a down payment and are
always very small behind very large 1st position loans. That is a very
unattractive position to be in and as such, 2nds are not something
we will generally entertain. We WILL however look at 2nds on commercial
if the outstanding balance on the 2nd is at least 50% of the 1st line
or greater.
Remember...selling
the entire note is not the only option. Matter of fact it's the worst
way to go. The further into the future we have to wait for the return
on our investment, the less valuable those future payments will be and
the greater the discount. You will find this is true for every investor,
not just NCC. We have different programs that will let you use your
future payments like a line of credit-pull out just the cash
you need now, and retain future income from the payments not sold at
this time. This creative program is known as a "Partial".
The majority of our clients go with a partial purchase. In this fashion
you can receive exactly the amount of cash you need right now
and retain future income from the payments not touched at this time.
Additionally, those future payments can always be liquidated later,
should your financial situation ever change.
WHY
GIVE AWAY CASH IN THE FUTURE IF YOU TRULY DO NOT NEED IT NOW?
Simply complete
the handy "On Line" real estate worksheet at this site (click
the "Worksheet" tab at the top of this page) e-mail it to
us today. Please...do not send anything other than the worksheet
until we request additional documentation.
Questions or comments?
Click
here to email National Capital Corporation.
