Selling a note is a decision that is not always right for everyone, but can be extremely useful or profitable for many people with notes.
When selling a note, the seller receives a lump sum of cash in exchange for the payments over the life of the note. The method of lump sum payment has a unique benefits that cannot be satisfied with a drawn-out payment plan.
The influx of cash can be used to capitalize on an investment opportunity, to pay off any debts or loans, or to accomplish any other time-sensitive goals. Trading a discount of the total note value for cash now is a decision that has benefitted many note holders.
Contacting a note buyer and getting a quote is often the first step in deciding if selling a note is the right choice.