Frequently
Asked Questions
1. What is a note?
-
A written document that
states a promise to pay, and the terms which include the amount,
interest rate and length of time in which to fulfill this promise.
2. What if I want cash now
instead of waiting 30 years to get paid back?
-
That's where I come in. I
work with investors who are interested in purchasing your note (or
your client's note) from you so you can have the money you need.
This way, you don't have to worry about late payments or non-payment
any longer!
3. Who buys notes?
-
Actually, there are
thousands of individuals across the country who buy notes. Just like
banks buy mortgages, private buyers buy notes as investments. They
collect payments over time for a steady stream of income.
4. How much is this going to
cost me?
-
There is no charge to you,
the note holder.
5. How long will it take before
I get my money?
-
All deals vary, but normal
closing time is 2 to 3 weeks once we have lined up a buyer.
If you have any other questions,
please feel free to contact us. Either I or my staff will be happy to
help you.
Keith Bird
Toronto ON 416 998 9818 or Toll Free 1
800 898 6014 Anytime
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