Wednesday, November 14, 2007

What is the Rate or Interest?

Hello and Welcome back! I hope you are having a Fantastic day.

The other day I was asked a question that is very common when dealing with Future Income, Financial Notes, Mortgages, Trust Deeds, Land Contracts and etc. in the way that I do. When a person discovers that they have the ability to sell a mortgage that they chose to "carry back" for someone or any type of financial paper, they often ask me the same two questions.

  • What is your interest?
  • What is your rate?

If someone truly understood what it is that my service is all about, they would realize how these two questions do not apply.

There are literally 100's of different types of financing methods, terms, rates, conditions and etc. that are used in the financial market. Yet, neither of these two questions could possibly give a person, that has financial paper to sell any kind of accurate information on what they could possibly receive for the sale of their particular financial paper.

The last one hundred financial notes that were sold will all have very different characteristics from your own situation. There are many factors that have to be considered for each and every situation, such as;

  • what is financed (house, car, land, plane, commercial business, etc.)
  • original face value
  • current value
  • location
  • age of the financial paper
  • interest rate currently collected
  • amount of the original down payment
  • how many payments already made
  • is there a balloon payment
  • are the payments current
  • etc.

The key is that every transaction will be dealt with on it's own merit and with current market conditions taken into consideration as well.

None of this is complicated and once you decide that you would like to liquidate your financial paper and receive cash for it, the process can be expedited very quickly and without complications.

Everyone should be familiar with Banks, Insurance Companies, Investment Companies and etc. All of these institutions utilize this process on an every day basis and people think nothing of it because that is just part of their business. The truth is that most people just don't think of it because most of it happens in the background.

In my Blog posted on November 10, 2007 I did list about 50 types of financial paper that could be sold for cash. There are likely many others that could be added to this list as well.

Would You Like Cash For Your Monthly Payments?

Are you receiving payments on a private loan?

Would you rather have cash now?

If you're receiving payments on any type real estate note, promissory note or private loan, I can help!

It's Quick.

It's Easy.

It's 100% Secure.

You Could Receive Cash in Days!

I work with buyers who are standing by, waiting to make estimates on your note. So whether you'd like to cash out or you'd like to assist your clients in a cash out, we are here to help.

To receive a FREE consultation on your note, please select this "Sell Your Note" link.

You can also go to my website at http://www.professionalnoterelief.com/ for more information about what I have discussed on here today.

Thank You for taking the time to visit my blog and to learn more about this interesting subject.

Wishing You and Fantastic Day, :)

Randy Boughton

Platinum Innovative Services Inc.






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