Frequently Asked Questions

 

cash4trust

1. What is a note?

Answer: A note is simply a written document that states a promise to pay. It is usually secured by the property that was sold and obligates the buyer to make payments to the seller. The note was created when either real estate, mobile home, or other property was sold and the buyer gives the seller a cash down payment and the balance is carried on a promise to pay. This is a note.

2. Why would I want to sell my note?

Answer: There are many reasons why people sell their notes. We have found that some fear the possibility of delinquent payments from the buyer while others know they can make a lot of money on other investments by cashing out their note. Others simply do not want the responsibility and headache because they never wanted the note in the first place and would rather have all the cash now.

3. Will I have to pay anything?

Answer: No. There is no charge for listing your note with us. Once listed on our site, we will have a buyer ready usually in a few days.

4. How long will before I get cash?

Answer: Two to four weeks. Depending on the circumstances of the note, the time it takes of receiving your cash lump sum can vary. Some can close rather quickly and others can take 4 weeks or longer. Please be sure to include every detail on our quote form so the process goes smoothly.

5. How much work is involved? What is the process?

Answer: Just fill in the free quote form completely and we will contact you. After an agreement is made, we thoroughly check all aspect of the transaction and send you a commitment letter which is to be filled out by you and sent back to us. We will handle all work on the transaction from there on so you won’t have to.

If you have any other questions, please feel free to contact us. Our staff will be happy to assist you.

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