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How Does It Work?

The whole process averages less than 30 days!

Day 1 – Offer: A detailed discussion will occur between you and your designated Loan Acquisitions Officer revolving around the specifics of your real estate note. Our team will review the details and begin working in the background to get you the best possible offer. Your Loan Acquisitions Officer will then present the offer to you!

Day 2-5 – Sign Deal: After we have communicated the offer to you, the ball is in your court! We are here to answer any questions you have about selling your note and what the terms of our offer entail. If you decide to sign the paperwork and move forward with the process, we will begin working on the rest of the pieces.

Day 6-14 – Due Diligence: We complete all of the due diligence that is necessary, including the ordering of an appraisal and title work, all at the expense of First National Acceptance Company! There are lots of steps to this piece and it involves working with other trusted resources, so it can take up to 14 days to get everything wrapped up. 

Day 15 to Close – Processing: Once we have everything we need, our team will process your file and we will work to get your closing scheduled with a title company in your area. 

At Closing – Receive: On the day of the scheduled closing, you will receive a wire or ACH for the lump sum of cash that you agreed to.

 

Working Together: No matter where you’re at in the process, your designated Loan Acquisitions Officer will walk you through every step! They are experts in note selling and want to make sure you understand what’s going on and how it’s all going. We are excited to be a part of your journey.

 

 

 

Get A Free, No Obligation Quote On Your Real Estate Note