Sell All or Just Part of your existing note payments
YOU CHOOSE — We don’t make blanket “one-size fits all” offers like many note buyers do. We will tailor a fair offer on whatever fits your goals. — Need cash now but want to keep your note payments for the long term? Great, we can buy a certain Number of your payments, then you take the income stream back over afterwards.
How Do I sell my mortgage note?
Step 1 -Tell us the basics about your note – Quick, Easy & Free
Step 2 – If it meets our buying criteria, we’ll contact you to set up a quick phone appointment
Step 3 -We’ll present you with a fair written, no-obligation offer
Step 4 -Pay ZERO fees. We do all of the work. You have a cashiers check in hand in 7-14 days!
Timeframe: Once we get your info, we’re usually able to make you a fair cash offer within 48-72 hours. From there, we can close as quickly as 7-14 days if you need to.
Selling your private mortgage note can be a quick and simple process
The Evergreen Success Group is a private mortgage note buyer, and we buy notes all around Washington and across the U.S. as well. We’re not a note broker… we’re actually the ones buying your note. If you’re looking for someone who has creative options… some of which may be able to get you close to the full face value of the note… rather than someone who is just going to throw you a low-ball offer, connect with us and lets chat. Give us a call at (208)254-2411 to talk about your note and the options you have and how much we can pay you for your real estate note.
Don’t worry whether the note is performing… or if it’s an “ugly” note with a borrower who is a mess. We’ve been known to buy notes that many note holders think are a lost cause. So, give us a try! No Obligation and No Hassle at all.
What we do Best
Have a few questions? A lot of people do. So, here’s a quick collection of some of the common questions we get from note holders…with our answers next to them. If you still have questions don’t hesitate to shoot us an email or give us a call.
Q: Why should I sell my note to Evergreen Success Group?
A: Great question! In addition to the fact that we offer some of the highest prices and can close fast, is that after we buy your note payments…
- You won’t have to worry about admin task like IRS income tax reporting requirements, IRS tax liens against the payor, collecting payments, etc.
- You won’t have to worry about borrower issues like bankruptcy, divorce or death, defaulting on your note. (that’s for us to worry about)
- You won’t have to worry about destruction and devaluation of the property / asset.
- You won’t have to worry about your note being assumed by another borrower who turns out to be a deadbeat.
Q: Why should I even consider selling my notes?
A: A couple reasons really. First off, your investment is trapped inside of those future payments. So if you need cash to pay off debts, make a new investment, or any other reason…selling all or part of your future note payments may be a great option. Second, selling all or part of your future note payments doesn’t mean you’re losing any principle. In fact, there may be ways we can structure the purchase of your note payments so you regain all or most of the principal owed you in the note. Ask us how and if your note qualifies.
Q: How do you come up with the price to offer me for my note?
A: Ultimately when we look at a note to buy we look at a few factors.
- The note: Payment amount, loan terms, and number of remaining payments.
- The asset: We look at the information and details regarding the property or asset. If it’s a quality asset, the note will be worth more.
- The borrower: The seasoning on the note, credit profile, etc. With all of that we’ll figure out the value of the note and present an offer that’s a discount on that value.
Once we know the situation well, we’ll make you an offer. This offer is based off of the value of the note, the risk on us receiving the payments from the borrower, and the quality of the security backing the note (real estate, etc.) You can expect to receive an offer that is a discount on the full remaining payment value based on the factors above.
Q: Are there any fees or commissions to work with you?
A: There are NO FEES or commissions to work with us. We’re note buyers and we buy and sell notes with cash…we don’t broker notes or charge the note seller any fees or commissions. In fact, you won’t pay any costs at all during the whole process…we pay every cost associated with the transaction. You just get access to the cash trapped in your note without the hassles or costs that goes with working with a note broker to sell your note payments.
Q: Is there any obligation when I submit my info?
A: No obligation at all. Once you tell us a bit about your note, we’ll take a look at things, maybe set up a call with you to find out a bit more about the borrower or to confirm some details, and make you a fair cash offer that’s fair for you and fair for us.
It’s completely ok to say no to us, and it’s 100% your decision on whether or not you’d like to sell your note to us. Once you get our offer we encourage you to research it, shop it around if you want to, and ask us any questions you want. No pressures. No hassles.
sell all or just part of your existing note payments
YOU CHOOSE — We don’t make blanket “one-size fits all” offers like many note buyers do. We will tailor a fair offer on whatever fits your goals. — Need cash now but want to keep your note payments for the long term? Great, we can buy a certain Number of your payments, then you take the income stream back over afterwards.
examples
Here Are Some Examples Of How Note Holders Can Get Creative In Turning Future Payments Into Cash Today.
There are lots of different ways you can structure the sale of all or part of your note, in Washington and the surrounding states, to help you get the cash you need on your terms. As you know, there’s a tradeoff of time vs. money when selling your mortgage note. The known vs. the unknown. These 2 examples below help walk through a couple scenarios to give you an idea of some of the options you have to sell your note to Evergreen Advisors, one of the nation’s trusted note buyers.
Example #1 – Sell Part Of The Future Payments To Us, And Keep The Rest
Maybe you want all or most of your principal that is stuck in the note returned to you… but you still want to keep a hold of some of the future payments in this note as well for the added return over the term of the note.
Let’s say you have a first position $100k private mortgage at 10% for 10 years with 8 years remaining and you’re receiving monthly payments of $1,321.51.
You can sell 43 payments to the Evergreen Success Group for $39,777* in cash today, then you’d receive the mortgage back after those 43 payments… and you can continue to collect the remaining $43,609 on the note.
Example #2 – Sell All Of The Remaining Payments On Your Private Note
Maybe you are just ready to move on and regain control over the cash locked inside your note… and selling all of the remaining payments and being fully released from the burden of the administration of that note is the right fit for you.
Let’s say you have a second position $50k private mortgage note at 10% for 20 years with 10 years remaining and you’re receiving monthly payments of $482.51. But the borrower has been late on their payments… and even missed a few payments recently and you just don’t want to have to worry about chasing them for payments or foreclosing on the note.
You’ve already received your principal back plus some, and you’re ready to move on.
You can sell the remaining 120 payments to Evergreen Note Buyer for $35,424* in cash today and be completely rid of even having to think about that note or the payments being made ever again. We’ll take the note over, any collections headaches, and if the borrower stops paying… that’s our problem NOT yours.
