Why should you Sell Land Contract Tempe Arizona.
Are you currently receiving payments for the property you sold through a Land Contract or Contract for Deed in Tempe Arizona. If so, we at Cash Note USA would like to buy your Land Contract for Cash! That’s right. You don’t need to wait years to receive the cash for your real estate. You may be able to obtain more for your Land Contract than ever before. Get that cash now! To Sell Land Contract Tempe Arizona. Click on this link for a FREE QUOTE. Contact us Now-1-888-297-4099.
With our experience, we have discovered that only a small percentage of sellers get the amount of interest they anticipate. The buyer may sell the property after only a short time period. He can refinance with another lender, or in the worst case, default on the loan. Sell Your Promissory Note
You can receive lump sum funds and eliminate the headaches of collecting monthly payments. Don’t take the chance of putting your financial position at risk if your buyer becomes delinquent. The absolute best time to sell off your Land Contract in Tempe Arizona is now before you get stuck attempting to collect late payments or incur the expense of some lawsuits. Here are some just a few good factors to sell off your land contract now:
-Get rid of the concerns of late payments, delinquent insurance, or pricey foreclosure.
-You have cash money now to pay off high-interest debt.
-You may have or increase your retirement savings.
-Settle an estate? Selling your Land Contract makes distributing assets simple and easy.
What exactly is a Sell Land Contract Tempe Arizona?
A land contract is a written lawful 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 is similar to a mortgage, but instead of borrowing money from a bank, the buyer borrows from the seller.
A Land Contract is any form of contract that demands periodic payments, but in real estate, it is generally regarded as a land contract, contract for deed, or contract for sale. To sell Land Contract Tempe Arizona give us a call – 1-888-297-4099. mortgage note buyer
The contract define the sales price, down payment, lending rate, payments, and the duties of both parties. It covers such responsibilities as who will maintain the home, pay insurance & property taxes, which generally is the purchaser. The contract will include recourse for the seller in case the purchaser stops making the installment payments. Check out here for a FREE QUOTE.
So specifically how exactly does a Sell Land Contract Tempe Arizona work?
Land Contracts are common throughout the Country. In some states, they are called Trust Deeds, Contract for Deed, Deeds of Trust, Home Notes, or Privately Held Mortgages. Irrespective 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, instead of paying cash up front or borrowing money from a bank.
What usually is the procedure of a Creating a sell Land Contract Tempe Arizona?
The Seller and Buyer entered into a contract that normally states that the Seller shall transfer ownership of the property to the Buyer after he or she has fully paid the Seller the agreed upon purchase price. In most cases, the contract requires the Buyer to make a very modest down payment and then to make monthly payments over time. Most Land Contracts require the Buyer to pay the Seller interest on the money owed. Sell My Real Estate Note
Also, because the Buyer and Seller independently arrange and reach their own sales terms, the agreement can reflect any arrangement comfortable between the parties: the contract can require smaller monthly payments; a varying payment or interest rate as outlined in the contract; or a balloon payment or lump sum payment to pay the balance of the purchase price for the property at an agreed upon day. To get a Free Quote to sell Land Contract Tempe Arizona give us a call – 1-888-297-4099 today.
Who exactly Holds Title To the Property In a sell Land Contract Tempe Arizona?
During the term of the Land Contract, the Purchaser holds legal possession of and occupies the real estate. The Land Contract can require 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 make sure that the balance of the purchase price will be paid completely.
Whatever the terms decideded upon for transferring ownership, when the decideded upon transfer date 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 situated. Visit this site For a FREE QUOTE Now.
Specifically how A Land Contract Differs From A Mortgage Deed in Tempe Arizona?
The main distinction is the seller keeps ownership of the real estate until the final payment is made. However, the purchaser generally assumes all responsibility for care and maintenance of the real estate. Details of the responsibilities are often described in the agreement and are arranged between both parties. Sell My Real Estate Note
The payment schedule often differs from a mortgage also. Many land contracts are short-term with perhaps a balloon payment or opportunity for refinance at the end. But, this may be negotiated between both parties as well. However, a mortgage is when the ownership of the property is also passed on during the time of the sale. Phone Now – 1-888-297-4099 to sell Land Contract Tempe Arizona.
You’re Stance in a Sell Land Contract Tempe Arizona.
The position a seller has in this kind of transaction is that you are the Bank. This is exactly what is taking place, you are performing the part of the bank.
You will get to set the terms and will get to do the screening. The seller gets to say yes or no. Seller is in total control much 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, interest with the borrower is set by seller.
This is why Sell Your in Tempe Arizona to Cash Note USA?
Our team at Cash Note USA have been buying in Tempe Arizona for several years. Our Firm is just one of the biggest and most recognized Land Contract buyers in the Nation. Just simply it’s our service to buy even more and pay more.
For a totally free, no obligation, private cash offer on your land contract complete the FREE QUOTE on-line form. Our company will make every effort to get you the info on your Land Contract or Contract for Deed today. To sell Land Contract Tempe Arizona contact us call now – 1-888-297-4099.
Cash Note USA
1307 W.6th St.Suite 219N,
Corona, CA 92882