Selling An Unsecured Promissory Note In Fresno you need to do is determine its current value or market value.
This is a pretty simple process really. All you need to do is contact a few professional companies that deal regularly with such investments as unsecured promissory notes, private mortgages, and real estate notes like Central Valley House Buyer.
Speak with a few investment counselors about what the current and potential future value of your unsecured promissory note is and what factors could affect its value – such as whether the interest rate is likely to go up, go down, or stay the same.
Calculating the value of your note
One of the first things they’ll consider is the type of debt it is.
For example, unsecured debt can include things such as credit cards, student loans, medical bills, rent expenses, and any other type of debt that isn’t backed by assets like real estate or other property.
Without some type of asset “securing” the note, there can be more risk for the note holder… and more risk tends to decrease the overall value of the note to someone looking at purchasing your note payments.
Unsecured promissory notes may have a lower market value than secured notes.
Selling an unsecured promissory note in Fresno
Before you sell your unsecured promissory note to just anyone, it’s a good idea to check with a number of different potential CA note buyers. Not all collection agencies and investors will give you the same deal. Some will pay you a higher percentage for your unsecured promissory note in Fresno than others.
You may even be able to bundle several unsecured promissory notes together to get the best possible deal. See if the company you are dealing with will pay you a higher rate for a larger bundle of unsecured debt.
It’s worthwhile to pay close attention to the terms given to you by the buyer of your unsecured promissory note. Make sure you understand all of your obligations and exactly what you get in return. Here at Central Valley House Buyer we have a policy for full transparency. We are glad to walk you through every aspect of the process. The method of deciding the current value of the note, and to answer any questions you have.
If you’d like to get a free offer on your note, contact Central Valley House Buyer today at (559) 554-2230.
Selling an unsecured promissory note in Fresno has never been easier!
If you are interested in learning more your options for selling your unsecured promissory note in Fresno, call us at (559) 554-2230 or click here to visit our website so you can learn more about your options.