I have repeated countless times in this Newsletter that people sell their notes for one reason - they want cash.
That's true. But, in reviewing some of my files over the last few years, it is interesting to note the different things that happen in people's lives that require a need for cash NOW. A specific event or circumstance, sometimes forced upon them, sometimes not, that makes the precious note they hold the absolute best source for cash.
Maybe you are in this situation right now. Maybe not. But here, in no particular order, are the top ten reasons people have sold their notes through my company:
1. Pay off mortgage on their home.
2. Pay off credit card debt.
3. Buy a business.
4. Pay cash for a new car.
5. Help ailing, elderly parents with medical bills.
6. Pay college expenses for a child or grandchild.
7. Make a better investment with a higher return.
8. Get rid of a headache, simplify life.
9. Pay a big tax bill.
10. Buy a new home.
Many people are pleased with their notes as a source of steady, reliable monthly income. This is how it should be. But, when life intervenes and disrupts the calm in your home, or presents an unexpected opportunity, you may look at your note as the best source of converting cash flow to cash. If so, you can be thankful you offered seller financing when you did. And, you can also be thankful that you are now in a position to provide for yourself or your family in a meaningful way.
Regards,
Denny Stanz
760-245-5366
760-245-5367 fax
dennystanz@verizon.net
www.CaliforniaNoteBuyerLLC.com
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