So, You Want to Sell Your Real Estate Note….

Holding a real estate note….?

It is the general expectation among adult citizens in the United States that sooner or later, you will need to have a mortgage, or other real estate note. Keeping that real estate note, private mortgage note, private promissory note, or any other paper real estate asset in our great state of Washington can become a challenge. These notes do not always offer the highest returns. You have to collect cash over an extended period of time. They can come with the added hassle of chasing down your payments.

And let’s not even get into the troubles associated with trying to collect from a bad borrower, or a looming threat of foreclosure.

When you get into those dire straits, you can actually end up collecting less that what you actually deserve.

So, are you missing out on the best opportunities available to you, because you are having to hold those real estate notes?

Pen on Contract Deal Paper

 What can you do when you don’t want to hold that note any more?

Some people choose the “wait, see, and hope to God” method of holding these pesky real estate notes. But you are smarter than them.

You’re starting to think about getting rid of those notes so you can reclaim your capital. You could put that money to use in a different investment, or maybe you have an urgent liquid cash need that can’t “wait and see”.

Getting rid of your Washington real estate notes lets you do more with your money.

You could sell all or part of your private mortgage note and use that cash to reduce, or even completely eliminate, your debt.

You could reinvest that cash into another type of investment with a higher yield. This may be a particularly good idea, if those other investment options are doing well. You might want to get into the stock market, other local Tacoma real estate, or even municipal bonds.

You could also diversify your portfolio by selling off all, or just a part, of your real estate notes. It is never a good idea to keep all of your eggs in one basket….

Pesky, risky real estate notes….

The risks of holding a real estate note can include never collecting the money that is owed to you. Another potential downfall is the opportunity cost – you could be missing out on investing your money in something better.

Property values are notoriously, infamously unstable. This is more true than ever before now, in today’s vacillating economy. That asset you think has a high value today may be worth little to nothing in the not-so-distant future.

We haven’t even touched on the hassles associated with just owning that real estate note. You have book-keeping every month, month after month, just for holding that note. Collecting, or attempting to collect, on that note is hardly ever straightforward. If the property enters a state of foreclosure, you then risk losing some, or even the entirety, of your investment.

So, what is your best bet? What gambling scheme can help you out of this real estate note hole?

House Money

 Well, that’s where we come in.

WeBuyHousesTacoma.com is a Washington real estate note buyer, based in Tacoma. Our business is paying you a fair price without hassle or messing around. If you have a real estate note of any kind that is weighing you down, contact us today to talk about turning that note into liquid cash!

Cash is the most liquid asset. You can use it any way you like, at any time, with no obligation or risk.

When you sell all, or just part, of your real estate notes for cash, you can then use that cash to make newer, better investments. You can grow your investment portfolio faster. You have more options available to you, in terms of reducing your own debt.

Or maybe you just want to play around a bit.

So, if you are interested in learning more about your options for selling a portion or the entirety of your real estate note in Tacoma, give WeBuyHousesTacoma.com a look today! We make all-cash, fair-market offers on your real estate notes, and we do it fast! We’re your best bet for a quickly-closed, fair-offer deal!