1. Why sell my notes to you?
There are several reasons to have the cash now than rely on monthly or yearly payments. Here are some reasons:
- Buy a new boat
- Down payment on another house
- College tuition for my child
- Behind in my bills
- Take a vacation (example the island pictured above)
- Pay medical bills
- Etc., too many reasons to list here
2. What do I (the seller) need to do?
All you need to do is FAX or MAIL us the 5 items (Note Submission Worksheet, Deed, Note, Amortization Table, Last Title Policy) and we'll take care of the rest. We'll make the appropriate phone calls to get you your quote. We will then contact you with the quote and once you accept the offer, sign the contract you will receive a check within two weeks. It is that simple, you sell your note to get a full or partial lump sum payment now and have access to a fax machine (quicker) and or mail (slower) to address below.
3. What is the turn around time?
After we receive the 5 items (The Note Submission Worksheet, the Deed, the Note, Amortization Table, Last Title Policy), offers/quotes will be made within 24-48 hours. When you accept the quote and the contract is signed, a check will be received within 14 days.
4.What if I do not have access to a fax machine?
If time is of the essence faxing the 5 items may be quicker. If you don't mind the wait time. You can mail the 5 items to:
RICHNESS BUSINESS NOTE BUYER
P. O. BOX 831
MCHENRY, IL 60051-0831