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Written by Administrator
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Monday, 20 July 2009 |
ARE YOU RECEIVING PAYMENTS ON A REAL ESTATE NOTE?
ARE YOU HOLDING A MORTGAGE OR DEED OF TRUST?
ARE YOU TIRED OF COLLECTING PAYMENTS?
DO YOU NEED QUICK CASH?
If you are currently RECEIVING payments on a first position note secured by real estate, you don't
have to be satisfied with the small monthly payments. CT CASHFLOW INSTITUTE, is here to help Seller financed Note Holders just like you to get a lump sum of cash by selling all or part of your note at a Discounte.
Transaction Example: Options Available to a Note Holder
The following is an example of some different options available to a note holder. Your note's value may be higher or lower depending upon property type, terms and payor information. Every note, property and payor is unique and is evaluated to give you the highest possible price and best possible options available to you for your situation.
Example of a $90,000 Note on wnich a Seller is Receiving Payments.
Sale Price = $95,000
Down Payment = $5,000
1st Mortgage= $90,000
Current Balance = $84,257
Loan To Value = $84,257 / $95,000 = 89%
$90,000 Face Value Note
10% Interest Rate
15 Year Term (180 Payments)
$967.14 Monthly Payments
24 payments have been made. The current balance owed is $84,257.19
Some of the Options Available To The Note Holder are:
1. Do Nothing. Continue receiving your monthly payments.
2. Full Sale. Sell the entire note.
Note Holder Receives: $76,233.18 CASH NOW
3. Partial Sale-Front End Payments.
Sell the next 5 years of payments (60 payments). Then receive the last 96 payments.
Note Holder Receives: $40,653.34 CASH NOW Plus $63,736.86 Loan Balance in 5 years.
Total Cash to Note Holder is $104,390.20.
4. Full Sale - Split Funding.
Sell one half of the note (the next 78 payments) now and the other half of the note
(the remaining 78 payments) after the first 78 payments are paid. The Note Holder
Receives: $48,010.47 CASH NOW Plus $48,010.47 Cash in 78 months. Total Cash to
the Note holder is $96,020.94
5. Partial Sale - One Half of Each Monthly Payment.
Sell one half of each monthly payment and continue to receive the other half. Note Holder
Receives: $33,114.72 CASH NOW Plus $483.57 Per Month for 156 Months.
Many other options are available. CT CASHFLOW INSTITUTE can custom tailor a transaction and the options can be designed specifically for the cash needs of the Note Holder.
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Last Updated ( Monday, 20 July 2009 )
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