Promisory Note Sale Benifits

posted on November 4, 2009

• To relieve the immediate need for a financial necessity or problem
• Immediate cash to re-invest at a better rate of return
• Immediate cash to re-invest in a superior or more secure project
• To relieve collection concerns
• To relieve delinquency, foreclosure or bankruptcy concern
• To relieve property damage concerns
• IRS reporting requirements
• Destruction of the property
• Divorce or Death of the payer
• A lapse in the property insurance policy
• Unpaid real estate taxes

Author: Robert E Young

Categories: Financial Services, Real Estate

Tags: Owner Financing, sell your note, Seller Financing