With interest rates near historic lows, now is an excellent time to contact a business note buyer about selling your business note investment. The Mortgage Buyer, Inc offers important advice to help you make informed decisions and receive the highest cash price when working with business note buyers.
As previously mentioned, with interest rates near historical lows there will probably never be a better time to sell a business note. If you believe that future interest rates are more likely to go up than down, now would be the right time to turn your note investment into cash. Receive a free, no-obligation business note quote, or contact The Mortgage Buyer, Inc at (800) 618-2485.
Taking these steps will provide you with multiple purchase offers to consider and also provide some insight into the type of company you will be conducting business with. Choosing the best business note buyer company to work with is as important as receiving the highest sale price.
We recommend that anyone who wishes to sell a business note first establish its "market value". This can be accomplished by contacting a number of professional note buyers like The Mortgage Buyer, Inc. who purchase privately-held business notes. Take the time to ask questions and discuss your individual situation. Provide all of the information they need to do a thorough job for you and be sure to request all purchase offers in writing.
The market value of an owner-financed business note is defined as the maximum cash price a note holder can sell it for in an active and competitive marketplace. Fortunately for business note holders, an active and competitive market does exist for privately held notes. Online research will produce a large number of companies that purchase business notes. Of these, there are a handful of experienced and reputable companies that you have an opportunity to do business with. We recommend that you contact multiple business note buyers before deciding who to conduct business with.
The factors that note investors will consider when evaluating your business note for purchase include:
John was personal and professional from my initial contact to the final sale of my note. He explained note buying and reinforced certain points of protection for me as the seller. I felt very comfortable in my initial contact after searching online for a business note buyer as his web site was direct, clear and understandable. I did review everything John explained and proposed with my own attorney and was advised he was accurate on all counts. John was very thorough and kept me updated as to the process right up to completion. I am very happy with my results and highly recommend John Avenia.
If considering the option of liquidating a business note, you should reach out to several business note buyers for information. A few calls should be sufficient to explore your options. To help establish the market value of your business note, call The Mortgage Buyer at (800) 618-2485, or contact us via email, or complete our online note quote form.