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Polk County Note Buyer (www.ThePCNB.com)
is a buyer of all types of seller-held
mortgages, offering cash for:
- Seller first mortgages,
- “Carry backs”,
- Balloons,
- Trust Deeds,
- Land contracts,
- Purchase money and
- Hard money mortgages all over Polk County.
Some people use the terms real estate note, real estate notes,
promissory notes, or even privately held notes but rest assured all the terms
refer to the same type of transaction. We also are buyers of structured
settlements and annuities.
If you're considering selling a mortgage note and would like a lump sum of
cash now, we can help!
PCNB
will pay you cash for your
residential real estate note or commercial note. We can buy all, or just a portion, of your remaining note
payments. The mortgage note you are holding can be a wonderful investment. But
now you have decided to sell your owner financing (mortgage, trust deed, land
contract) to pay bills, make another investment, travel or you just rid yourself
of the worry of payment collection, tax reporting and the risk of default and
foreclosure resulting from non-payment of the mortgage, insurance or taxes.
Whatever your particular situation, selling your contract is an easy way to turn
your monthly receivable payment into an immediate sum of cash.
Most note holders created their notes for individuals or businesses that
couldn't have got loans through traditional banking sources in order to sell
their properties more quickly, or because of the long-term income these real
estate cash flows would provide. But quite often circumstances change and there
are a number of reasons why a large lump sum may be preferred over small monthly
payments:
- An investment opportunity
- Open a business
- Invest in a better education
- Home improvements
- Take a dream vacation
- Many other reasons…
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