Searching for a Reputable Contract for Deed Buyer?
The professionals at The Mortgage Buyer, Inc. are among the most experienced and reputable contract for deed buyers in the country. We’ve proudly served as contract for deed buyers since 1994 and have earned an A+ rating from the BBB. Personalized service is our trademark, and you will work directly with our President John Avenia (800) 618-2485 and Acquisition Specialist Heidi Cooper (844) 999-9878 every step of the way.
Selling a contract for deed can provide substantial benefits for the contract holder. Providing an immediate source of capital, liquidating a long-term investment, eliminating servicing, and ending the possibility of foreclosure, are chief among them. When you are ready to have an honest conversation with one of the country’s most reputable contract for deed buyers, call or email our President John Avenia (800) 618-2485 or Acquisition Specialist Heidi Cooper (844) 999-9878. You can also receive a no–obligation purchase proposal for your contract for deed via email by using our confidential online Quote Request Form.
Sale Options Offered by Contract for Deed Buyers
Most people who search for contract for deed buyers only think about selling all of their remaining contract for deed payments. For many, however, the option of selling just a portion of the remaining payments will provide the best results. Below, we review three of the most popular sale options available.
- Full Sale: A complete sale of all remaining contract for deed payments is the most popular sale option. A full sale of the contract for deed provides a number of important benefits, including generating the highest sale price, eliminating the possibility of foreclosure, and completely liquidating the contract for deed investment.
- Partial Sale: A partial sale of the remaining contract for deed payments is an excellent option for people who would like to generate a specific amount of cash. Selling a portion of the remaining payments, rather than all of them, allows the contract holder to determine exactly how much cash they receive at closing, while retaining an investment in the future contract payments.
- Split-Payment Partial: A split-payment sale will allow the contract for deed holder to sell a portion of each monthly payment and retain the remainder for themselves. This type of sale is excellent for people who want to generate cash, while also maintaining a source of monthly income.
We invite you to contact our President John Avenia (800) 618-2485, or Acquisition Specialist Heidi Cooper (844) 999-9878 to discuss the available options when you sell a privately held contract for deed. You'll have an opportunity to ask questions and learn everything needed to make the decision that's best for you.
Learn How to Sell a Contract for Deed
There are a standard set of procedures to follow when selling a contract for deed. Here are the essential steps:
- Determine if there is a need or motivation to sell the contract for deed. Because private contracts are sold for less than face value, people selling a contract for deed should have a reason important to them for selling.
- Research contract for deed buyers online. There are dozens of contract buyers out there, but only a few are considered the best.
- Request a set of purchase proposals for your contract for deed from the companies who inspire the most confidence.
- Determine which purchase proposal best meets your needs and select the contract for deed buyer you’d like to do business with.
- Complete the due diligence necessary to close the sale. You will supply the up-front information and your contract for deed buyer will complete the rest.
- When the due diligence is complete, a formal title company closing will be scheduled. Closings normally take about 30 minutes and you will leave check in hand.
When you are ready to have an honest conversation about selling your contract for deed, call or email our President John Avenia (800) 618-2485 or Acquisition Specialist Heidi Cooper (844) 999-9878.
Facts about Selling a Contract for Deed
Contract for deed holders who sell their contract achieve numerous benefits. Here are some important facts to consider when deciding whether or not to sell your contract for deed.
- With interest rates near all-time lows, there may never be a better time to sell a contract for deed. You see, the market value of a private contract is inversely related to the general interest rate environment. Meaning that as interest rates rise, the market value of private contracts will fall. If you believe higher interest rates will return, now would be an excellent time to consider selling your contract for deed.
- The market value of a contract for deed is defined as the maximum price it will sell for in an active and competitive marketplace. Fortunately for contract holders, an active and competitive market does exist for privately held contract for deeds.
- There are several independent variables that factor into determining the market value of a contract for deed. Chief among them are the type of collateral property, the amount of owner’s equity in the property, the financial terms of the contract and the creditworthiness of the borrower.
- Contract for deed holders can take steps to ensure they receive the best possible sale price for their contract. We suggest doing your homework, contacting more than one contract for deed buyer, and choosing the one you feel most comfortable doing business with.
- We believe in allowing each contract for deed holder to decide exactly what the sale of their contract accomplishes for them. With over 25 years of experience, we can present multiple sale options customized specifically for the contract for deed holder we are speaking with.
Because each contract for deed holder has a unique decision to make, we invite anyone who holds a contract for deed to contact us with their questions. Our President John Avenia (800) 618-2485 and Acquisition Specialist Heidi Cooper (844) 999-9878 are available anytime you would like to talk.
Creating and Servicing a Contract for Deed
If you’re thinking about using owner financing to sell your property, we can help. As nationwide contract for deed buyers with over 25 years experience, we’ve seen a thing or two. If you own a property that has been challenging to sell, offering owner financing could be the difference that gets the property sold.
Unlike other investments, the contract for deed you own is backed by specific real estate collateral. Protecting this collateral is imperative to maintaining the health of your investment. The ability to protect the collateral is built into the contract for deed document, but it is the contract for deed holder’s responsibility to enforce these provisions.