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 a question don’t hesitate to shoot us an email through our contact page (or give us a call).
Q: Why should I even consider selling my note in Texas?
A: A couple reasons really. First off, your investment is trapped inside of those future note 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: Why should I sell my note to G.A. Jordan Cash Solutions LLC?
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…
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 here in Houston Texas or any other state we buy notes in… we look at a few factors.
1) The note: Payment amount, loan terms, # of remaining payments.
2) The asset: A bit about the property or asset backing the note. If it’s a quality asset, the note will be worth more.
3) 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 Texas based 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 thats fair for you and fair for us.
The whole time 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.
We buy real estate notes, mortgages, and other types of notes fast. Put your address and email below and answer 5 easy questions on the next page to get a cash offer in 24 hours!
We buy real estate notes, mortgages, and other types of notes fast. Put your address and email below and answer 5 easy questions on the next page to get a cash offer in 24 hours!
This is where we talk about being a note buyer… our process and a few quick links to some of the articles we’ll link people to in here that’ll help them make their decision.
“…private mortgage notes can be sold and thus converted into cash. The amount they sell for is based on the principal balance, the number of payments that have been made (referred to as “seasoning”), the number of remaining payments, the home’s (or other asset) appraised value and the borrower’s creditworthiness.”