Are you presently receiving payments for the property you sold using a Land Contract or Contract for Deed in Somerton Arizona. If so, we at Cash Note USA would like to purchase your Land Contract for Cash! That’s right. You don’t need to wait years to receive the money for your real estate. You may be capable to receive much more for your Land Contract than before. Get that cash today! To Sell Land Contract Somerton Arizona. Go here for a FREE QUOTE. Contact us Now-1-888-297-4099.
With our experience, we have experienced that only a small portion of sellers receive the amount of interest they expect. The purchaser may sell the property after only a short amount of time. He can refinance with another lender, or in worst case, default on the loan. Sell Your Promissory Note
You can receive lump sum money and eliminate the headaches of collecting monthly payments. Don’t take the chance of putting your financial position at risk if your purchaser becomes delinquent. The greatest time to sell your Land Contract in Somerton Arizona is right away before you get stuck attempting to collect late payments or incur the expense of some legal actions. Here are some just a few good reasons to sell your land contract now:
-Get rid of the stress of late payments, unpaid insurance, or pricey foreclosure.
-You have cash money now to pay off high-interest debt.
-You may have or increase your old age savings.
-Liquidate an estate? Selling your Land Contract makes distributing assets simple and easy.
What is a Sell Land Contract Somerton Arizona?
A land contract is a written legal contract, or agreement. It is used to buy real estate such as, a house, an apartment, a commercial building, or other real property.
A land contract is a form of seller financing. It resembles a mortgage, but instead borrowing money from a lender, the buyer borrows from the seller. Sell Your Promissory Note
A Land Contract is any type of contract that demands periodic payments, but in real estate, it is generally referred to as a land contract, contract for deed, or contract for sale. To sell Land Contract Somerton Arizona call – 1-888-297-4099.
The contract define the prices, down payment, borrowing rate, payments, and the roles of both individuals. It covers such responsibilities as who will maintain the home, pay insurance & property taxes, which generally is the buyer. The contract will include recourse for the seller in case the buyer stops making the installment payments. Check out here for a FREE QUOTE.
Thus how precisely does a Sell Land Contract Somerton Arizona work?
Land Contracts are common throughout the America. In some states, they are called Trust Deeds, Contract for Deed, Deeds of Trust, Home Notes, or Privately Held Mortgages. In spite of the name used, they all represent the same thing: a way of selling the property where the Buyer “borrows” from or relies upon the Seller for the financing, rather than paying cash up-front or borrowing money from a bank.
Just what basically is the process of a Creating a sell Land Contract Somerton Arizona?
The Seller and Buyer entered into an agreement that normally states that the Seller shall transfer ownership of the property to the Buyer after he or she has totally paid the Seller the agreed upon purchase price. In many cases, the contract requires the Buyer to make a very reasonable down payment and then to make monthly payments eventually. Most Land Contracts require the Buyer to pay the Seller interest on the money owed.
Also, because the Buyer and Seller independently negotiate and reach their own sales terms, the contract can reflect any arrangement comfortable between the parties: the contract can ask for smaller monthly payments; a varying payment or interest rate as outlined in the agreement; or a balloon payment or lump sum payment to pay the balance of the purchase price for the property at a decideded upon time. To receive a Free Quote to sell Land Contract Somerton Arizona contact us – 1-888-297-4099 today.
Exactly who Holds Title To the Property In a sell Land Contract Somerton Arizona?
During the term of the Land Contract, the Buyer holds legal possession of and occupies the property. The Land Contract can call for the transfer of the property once the Seller has received all of the required payments, or can call for the transfer at some point sooner with the Seller then holding a mortgage on the property to ensure that the balance of the purchase price will be paid fully. Real Estate Note Seller
Whatever the terms decideded upon for transferring ownership, when the decideded upon transfer period is reached, the Seller tenders (or gives) a deed to the property to the Buyer who then records the deed in the county recorder’s office or the real property office of the county where the property is based. Click Here For a FREE QUOTE Now.
How A Land Contract Differs From A Mortgage Deed in Somerton Arizona?
The main distinction is the seller keeps ownership of the property until the last payment is made. However, the buyer generally assumes all obligation for care and maintenance of the property. Specifics of the responsibilities are often spelled out in the contract and are negotiated between both parties.
The payment schedule often varies from a mortgage as well. Many land contracts are short-term with either a balloon payment or opportunity for refinance in the end. However, this can be negotiated between both parties too. However, a mortgage is when the ownership of the real estate is also transferred during the time of the sale. Call Now – 1-888-297-4099 to sell Land Contract Somerton Arizona.
You’re Stance in a Sell Land Contract Somerton Arizona.
The position a seller has in this type of transaction is that you are the Bank. This is exactly what is taking place, you are playing the role of the bank.
You get to set the terms and get to do the verification. The seller can say yes or no. Seller has total control just like a bank is when you go and get a loan. You can require as much (or little) info from the potential buyer as you want. The terms, lending rate with the borrower is set by seller. Sell My Real Estate Note
So just why Sell Your in Somerton Arizona to Cash Note USA?
Our company at Cash Note USA have been purchasing in Somerton Arizona for many years. Our Company is just one of the biggest and most respected Land Contract buyers in the Country. Purely it’s our business to buy more and pay more.
For a free, no obligation, private cash offer on your land contract fill in the FREE QUOTE online form. Our experts will make every effort to get you the information on your Land Contract or Contract for Deed today. To sell Land Contract Somerton Arizona contact us call now – 1-888-297-4099.
Cash Note USA
1307 W.6th St.Suite 219N,
Corona, CA 92882