Get Cash in 3 Easy Steps!
Step 1: Enter Your Contact Info HERE or Call us
Fill out the form HERE to be contacted by our friendly Client Relations Manager or call our toll-free phone number to speak to a note buyer representative directly. Once you speak to one of our friendly mortgage note buyer Managers, they will ask you some basic questions regarding the Promissory Note, Property, and Payor. Questions like: When did you sell the property? How much did you sell it for? How much did the Payor put as a down payment? What is the interest rate? Things like that. After our Client Relations Manager collects all of the required information, they will transfer the call to our Investment Specialist or schedule a brief Telephone Consultation so you can get all of your specific questions answered regarding selling your mortgage note or selling your land contract and possibly give you a few different cash purchase options right over the phone. Also, whether you decide to move forward with the purchase or not, you will receive an email with a minimum of 2 to 3 different purchase options that are based on the information you provided.
Step 2: Send Information We Need
After you email or fax us the Note Purchase Agreement and all of the closing documents and corresponding information like the Note, Deed of Trust or Mortgage (Land Contact / Contract for Deed / Installment Sales Agreement / Bond for Deed), Payment History, Proof of Insurance, etc. Then we will immediately start processing your file. (In most cases, many Noteholders don’t have every single document that we’d like to see… that’s OK. Just send us what you have, and we’ll work with you to get your note purchased)
Step 3: Get Paid Cash!
We will then check the payors credit, pay for an appraisal or broker’s price opinion (BPO), review the title history, correct any issues with title, and verify the documents that you provided are true and correct, and after we verify all of that information, we will schedule a closing at a local Title or Escrow Company where you will get a Cashier's Check or a Bank Wire Transfer directly into your bank account. We will pay for ALL closing costs. And we never charge any Points or Fees. We have been known to close deals in as little as 10 days! We have a pool of millions of dollars that needs to be invested every single month!
GET MY CASH OFFER!
Fill out the form HERE to be contacted by our friendly Client Relations Manager or call our toll-free phone number to speak to a note buyer representative directly. Once you speak to one of our friendly mortgage note buyer Managers, they will ask you some basic questions regarding the Promissory Note, Property, and Payor. Questions like: When did you sell the property? How much did you sell it for? How much did the Payor put as a down payment? What is the interest rate? Things like that. After our Client Relations Manager collects all of the required information, they will transfer the call to our Investment Specialist or schedule a brief Telephone Consultation so you can get all of your specific questions answered regarding selling your mortgage note or selling your land contract and possibly give you a few different cash purchase options right over the phone. Also, whether you decide to move forward with the purchase or not, you will receive an email with a minimum of 2 to 3 different purchase options that are based on the information you provided.
Step 2: Send Information We Need
After you email or fax us the Note Purchase Agreement and all of the closing documents and corresponding information like the Note, Deed of Trust or Mortgage (Land Contact / Contract for Deed / Installment Sales Agreement / Bond for Deed), Payment History, Proof of Insurance, etc. Then we will immediately start processing your file. (In most cases, many Noteholders don’t have every single document that we’d like to see… that’s OK. Just send us what you have, and we’ll work with you to get your note purchased)
Step 3: Get Paid Cash!
We will then check the payors credit, pay for an appraisal or broker’s price opinion (BPO), review the title history, correct any issues with title, and verify the documents that you provided are true and correct, and after we verify all of that information, we will schedule a closing at a local Title or Escrow Company where you will get a Cashier's Check or a Bank Wire Transfer directly into your bank account. We will pay for ALL closing costs. And we never charge any Points or Fees. We have been known to close deals in as little as 10 days! We have a pool of millions of dollars that needs to be invested every single month!
GET MY CASH OFFER!
Understanding the Private Cash Flow Industry
This website is designed to educate noteholders and people who are receiving payments on a paper asset, about the private cash flow industry and how an investor arrives at the current value of your note. We will cover three categories of variables used in determining the current value of your note.
The first is the Time Value of Money. See, money today is worth more than money in the future. Another way of saying it is, the money you hold today has more buying power than the same amount of money in the future. Just think how much one loaf of bread costs you today, now think how many loaves of bread you could've bought in 1996 - and that was only 22 years ago. Or, think how cheap 1 gallon of gasoline cost you only 10 years ago, now think how expensive it is today. So, if you hold a mortgage note that has 6 years or more worth of payments remaining, listen to the other variables that will affect your note. The reason that the buying power of money devaluates over time is due to inflation, employment levels, federally mandated interest rates, and the general state of our economy. As a matter of fact, you may have seen on the news how an overflow of Chinese imports has increased our trade deficits and our national debt is growing out of control. We live in a time of economic uncertainty and this in turn has increased inflation rates. So what this means for you is, if inflation rates keep rising the value of your note will keep falling.
This is very relevant to our second category - Interest Rates. When Jerome Powell, who is the man responsible for the Federal Reserve Bank’s interest rates, changes what is called the Federal Funds Rate, this has a direct effect on the value of your note in today's market and it has a direct effect on the liquidity of your note, or in other words the ease of selling your note. The Fed's mandated interest rates are inversely proportional to your note's value and liquidity. This means that when the Fed's interest rates are steadily going up, the current value of your note is steadily going down. Our country has enjoyed some very low interest rates over the last few years. Now, interest rates are still relatively low today, but they are not getting any lower, they are steadily rising. In fact, because of all of the Government Bailouts and the billions of dollars dumped and pumped into the economy, the US Dollar is slowly becoming devalued. Gold and Silver investments rise when the dollar falls, and they have experienced the greatest bull market since the early ‘80’s. Silver is currently trading at a 600% increase over what it was in the year 2000. Now, there is no need to panic, there is still time to get top dollar for your land contract, seller financed note, or deed of trust.... if you decide to sell it soon! But, the longer you wait, the harder it may be to sell, because the current market value of your note will also go down due to the uncontrollable factors we just talked about, and no investor would want to take the risk.
Our third and most important category an investor uses to determine the current value of your privately held real estate note is the Security factors involved with your specific note. After analyzing the current market conditions in relation to your note, an investor who buys real estate notes will then determine precisely how secure his or her mortgage note investment will be. The investor will analyze the condition of the collateral property itself and how it relates to the unpaid loan balance. So, if there is a relatively high loan amount (in relation to the property value) or there are other loans on the property, the note would be a riskier investment. Also, a mortgage note buyer analyzes the payor's payment history, and investigates for any balloon payments, and clauses written into the note. The investor also makes sure that there is adequate home owner's insurance and title insurance covering the property and the note, in case the property should become damaged or destroyed. He or she also investigates that there are no government tax liens on the property - as this would mean a priority and senior position of the government lien and the note holder may never be paid. The investor then inputs all of this information into a grading matrix which then determines a specific value of your note.
You may be asking yourself "why is he sharing all of this valuable information with me?" The answer is simple, in order for every relationship to exist, there must be trust. Whether it is a family relationship or a business relationship - You must first trust someone before you can rely on them. I am giving you this valuable information about note buyers and private mortgage note investors and our methods because when the time comes you need cash, hopefully, I will be the person you call because you already know you can trust me. My name is Nicholas di Caro, and I am an experienced note buyer. I am experienced enough to know that not everyone wants to sell his or her mortgage note at this time. But if you have been thinking about it at all, the time is now. I can get you the cash you need in as little as 2 weeks, sometimes without having to sell all of your note. So, if you would like me to analyze your land contract, contract for deed, or privately held mortgage note... Then we will provide you with an offer to purchase. All purchase offers are valid for 30 days.
Sell Your Mortgage Note,
Land Contract, or Trust Deed Note
HERE!
The first is the Time Value of Money. See, money today is worth more than money in the future. Another way of saying it is, the money you hold today has more buying power than the same amount of money in the future. Just think how much one loaf of bread costs you today, now think how many loaves of bread you could've bought in 1996 - and that was only 22 years ago. Or, think how cheap 1 gallon of gasoline cost you only 10 years ago, now think how expensive it is today. So, if you hold a mortgage note that has 6 years or more worth of payments remaining, listen to the other variables that will affect your note. The reason that the buying power of money devaluates over time is due to inflation, employment levels, federally mandated interest rates, and the general state of our economy. As a matter of fact, you may have seen on the news how an overflow of Chinese imports has increased our trade deficits and our national debt is growing out of control. We live in a time of economic uncertainty and this in turn has increased inflation rates. So what this means for you is, if inflation rates keep rising the value of your note will keep falling.
This is very relevant to our second category - Interest Rates. When Jerome Powell, who is the man responsible for the Federal Reserve Bank’s interest rates, changes what is called the Federal Funds Rate, this has a direct effect on the value of your note in today's market and it has a direct effect on the liquidity of your note, or in other words the ease of selling your note. The Fed's mandated interest rates are inversely proportional to your note's value and liquidity. This means that when the Fed's interest rates are steadily going up, the current value of your note is steadily going down. Our country has enjoyed some very low interest rates over the last few years. Now, interest rates are still relatively low today, but they are not getting any lower, they are steadily rising. In fact, because of all of the Government Bailouts and the billions of dollars dumped and pumped into the economy, the US Dollar is slowly becoming devalued. Gold and Silver investments rise when the dollar falls, and they have experienced the greatest bull market since the early ‘80’s. Silver is currently trading at a 600% increase over what it was in the year 2000. Now, there is no need to panic, there is still time to get top dollar for your land contract, seller financed note, or deed of trust.... if you decide to sell it soon! But, the longer you wait, the harder it may be to sell, because the current market value of your note will also go down due to the uncontrollable factors we just talked about, and no investor would want to take the risk.
Our third and most important category an investor uses to determine the current value of your privately held real estate note is the Security factors involved with your specific note. After analyzing the current market conditions in relation to your note, an investor who buys real estate notes will then determine precisely how secure his or her mortgage note investment will be. The investor will analyze the condition of the collateral property itself and how it relates to the unpaid loan balance. So, if there is a relatively high loan amount (in relation to the property value) or there are other loans on the property, the note would be a riskier investment. Also, a mortgage note buyer analyzes the payor's payment history, and investigates for any balloon payments, and clauses written into the note. The investor also makes sure that there is adequate home owner's insurance and title insurance covering the property and the note, in case the property should become damaged or destroyed. He or she also investigates that there are no government tax liens on the property - as this would mean a priority and senior position of the government lien and the note holder may never be paid. The investor then inputs all of this information into a grading matrix which then determines a specific value of your note.
You may be asking yourself "why is he sharing all of this valuable information with me?" The answer is simple, in order for every relationship to exist, there must be trust. Whether it is a family relationship or a business relationship - You must first trust someone before you can rely on them. I am giving you this valuable information about note buyers and private mortgage note investors and our methods because when the time comes you need cash, hopefully, I will be the person you call because you already know you can trust me. My name is Nicholas di Caro, and I am an experienced note buyer. I am experienced enough to know that not everyone wants to sell his or her mortgage note at this time. But if you have been thinking about it at all, the time is now. I can get you the cash you need in as little as 2 weeks, sometimes without having to sell all of your note. So, if you would like me to analyze your land contract, contract for deed, or privately held mortgage note... Then we will provide you with an offer to purchase. All purchase offers are valid for 30 days.
Sell Your Mortgage Note,
Land Contract, or Trust Deed Note
HERE!
Examples of the Good, the Bad, & the Ugly
Below are some examples and general concepts that will help you understand
how we make Appraisals and Valuations on Owner Financed Real Estate Notes.
General Concepts of a Good Note:
- High Interest Rate (Not Too high - must be within usury limits - Too high interest rates would give a higher default probability)
- Short Repayment Period (Not Too short - Notes due in 5 years - 15 years is good)
- Long Payment History (18 + months)
- Payor's Credit Score Is High (Anything above 625 FICO is good enough for our purposes)
- High Percentage Of Equity In Tangible Assets Relative To Loan Balance (Low Loan-To-Value Ratio)
- High Down Payment Amount (This would indicate a High probability of repayment)
- No Balloon Or Small Balloon Relative To Remaining Balance Due (5 years to 10 years from purchase date)
A Bad Mortgage Note would have most factors opposite, of course
Example of a Good Real Estate Note: (Mortgage Note or Trust Deed Note Secured by Real Property)
- Property: A small 10-unit commercial plaza fully occupied
- Down: $400,000
- Purchase Price: $1.3 Million
- Value of Property: $1.45 Million
- Interest Rate: 10.25%
- Payments Made: 24
- Payment Amount: $12,792.98
- Payor: Current
- Credit score: 680
- Remaining payments: 84
- No Balloon
- No Other Loans On Property
- Remaining Balance: $758,381.75
- Loan-To-Value Ratio: 52%
- No Clauses written into note
A Conservative Investor in Today's Marketplace would pay $638,158.15.
An Aggressive Investor in Today's Marketplace would pay: $725,845.63.
(Note: Of course, because this Note is attractive to most, the final purchase price would be higher than lower.)
This Note Would Go For A $100,000 Partial Purchase:
An investor might buy 25-36 payments for $110,458.25.
The Remaining Balance due due after payment 36 would revert back to the note holder at $678,936.62.
Everyone Wins In This Example!: The Note Holder gets what he/she wants and we get a secure investment.
Example Of An Unsellable Note:
- Property: Raw land in Montana
- Down: $10,000 Straight Note
- Purchase Price: $110,000
- Interest Rate: 5%
- Payments Made: No Payments
- Credit Score: Doesn't Matter. No Investor will touch this.
- One Balloon Payment
- Remaining Balance: $100,000
- Loan-To-Value Ratio: 90%
- $140,710.04 Due In 7 Years
These are examples. Your Promissory Note may be different. Thanks!
Yes! I Want to Sell My Note to DICARO & ASSOCIATES!