At Mountain Capital Resources selling your note is easy. Just click here to go to our form. With the best pricing and service in the Mortgage/Note Industry, coupled with our staff of professionals concerned about your concerns, we invite you to learn about our "note transaction process" and will lead you to successfully selling your note!

Perhaps at the time you sold your home or rental property, chances are you would have preferred receiving all cash. Instead you elected to carry the note on the property. Yes, you have enjoyed the positive monthly residual cash flow, but now desire a lump sum of cash! Imagine having the cash you need right now to use for:

• Retirement
• College Expenses
• Dream Vacation
• A New Purchase
• Taxes
• Debt Free
• And the list goes on . . . . . . .

Yes, we can purchase that note for you, but first you may have a few questions you would like answered.

1. How much can I expect to receive for my mortgage note?
2. How do I get an offer?
3. Can I sell a portion of my Note?
4. Why is there a discount?
5. How long will it take before I have my money?
6. How will selling my note affect the payer/buyer?
7. Can the note be purchased at the time it is created vs. waiting 1- 2 years before cashing out?

1. How much can I expect to receive for my mortgage note? The amount of cash out of a note depends on three scenarios 1) the current economic environment 2) the terms of the note ie., payment amount, interest rate, length of payback etc. and 3) the probability of risk that the note holder will lose some money, ie., degree of risk. In all, we offer the best pricing in the industry so your risk becomes minimized vs. going to the traditional Note Brokers.

2. How do I get an offer? To begin the selling process of your note, you will need to complete a note worksheet. Our response is within a 24 period and often the same day.

3. Can I sell a portion of my Note? Yes. We can buy most any portion of the note that your financial needs require. This method allows you to keep a portion of the payment stream when the note is returned to you. For example, we could buy: All of the options below providing you with $20,000 needed today!

• A certain number payments at the beginning on the note. In this case, we may purchase the first 60 payments and you would receive the final 180 payments remaining on the note.

• A certain number of the final payments on the note. In this case, we may purchase the final 180 payments, passing the initial 60 payments to you.

• A certain percentage of each of the remaining 240 payments on the note. In this case, we may purchase just 50% of each of the 240 payments. You would also receive 50% or ½ of each of the 240 payments.

This method "partial purchase" is very common and involves selling only a certain number of payments remaining on your note. The illustration above offers a note balance of $80,000. Payable in 240 monthly installments.

4. Why is there a discount? Whenever future payments are sold for cash today the current balance is always sold at a discount. Why? There are two reasons: 1) The amount of the loan is paid back to the payee over time and of course time erodes the value of money and 2) The stated interest rate on seller-financed notes is not high enough to induce investors to purchase these loans. Therefore, to increase the yield, investors get on the investment; you must sell the cash flow at a rate of return greater than the note rate. This is done by selling the note at a discount.

5. How long will it take before I have my money? Once we have a signed contract and all of your documents, we can close within 7 to 10 business days.

6. How will selling my note affect the payer/buyer? At no time will the payer experience change in his/her note. The only change will be the address where he/she mails the payment. This notification occurs following the closing of all documents.

7. Can the note be purchased at the time it is created vs. waiting 1-2 years before cashing out? Yes, this method is called a simultaneous closing. We can cash out the Seller for a little as a 2% discount (some buyer requirements may apply relating to a required down payment percentage and "A" credit worthiness) off the purchase price. The discount in a simultaneous closing is far less than a seasoned note.

Simply ask us how and we'll be pleased to process a quote for you!

Call Us Toll Free: (877) 482-8100

Gretchen Allen
Realtor, Residential Specialist
Executive Real Estate, Inc
Cell line: 206-427-5553
Home Office: 425-898-7808
Business: - 425-455-5913
Toll Free: 1-877-482-8100
Fax: - 425-952-8745

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