FAQ

Why buy notes?

Answer: Notes  are an alternate to buying real estate and collecting monthly cash flow. Since the investor does not own the property, investor is not responsible for maintainance which is a turn off for many investors due to different reasons.

Why should I sell my delinquent (non-performing) loan to you?

Answer: Notes go into delinquency for a lot of social (job loss, divorce etc.) and legal (death, bankruptcy etc.) reasons. Most investors do not have the resources to deal with such situations. We offer cash to buy out the note holder. We buy directly from lenders, banks, retirement account holders, contractors and many others. 

Where do you buy the notes?

Answer: We buy in Texas, California, Nevada and Arizona.

Do you  defaulted credit card and auto loans?

Answer: No, we concentrate on real estate notes only.

Why dont banks foreclose on the loans themselves?

Answer: They do foreclose on loans. However, banks have to maintain a reserve ratio and cannot hold vast amounts of REO (foreclosed real estate) without triggering federal reserve scrutiny. Banks also offload their delinquent portfolio to "wholesalers" who sell them in smaller pools to investors. 

How can I sell my delinquent loan to you?

Answer: We will send our checklist of required documents. Once you send a copy of all the applicable documents, we can make make an offer usually in 72 hours but can take upto 2 weeks.

Do you pay cash for the delinquent loans?

Answer: Yes, by wire transfer.

Do you buy real estate also?

Answer: Yes, we have owned both commercial and residential real estate.