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Welcome to Kelly Lucas Ltd.
Kelly Lucas Ltd. prides itself on being a premier note
buyer, mortgage buyer, deed of trust buyer and contract for deed buyer. Since
our founding we have purchased countless notes, mortgages and contracts from
people who sold property with owner financing. Our long history of doing
business with honesty and integrity has made us one of the most experienced and
accomplished mortgage buyers in our area.
If you would like to sell a mortgage, sell a note, sell a trust deed
or sell a land contract our company can convert all, or just a portion, of your
future payments into cash. There are absolutely no fees or costs for you in the
transaction. We do the work and pay all of the expenses. Call or email us today
to learn more about your options.
Kelly Lucas Ltd. purchases notes on all types of properties. We can
help you . . .
Sell a residential
note, mortgage, trust deed or contract... Sell a commercial note, mortgage, trust deed or contract...
Sell a multi-family note, mortgage,
trust deed or contract... Sell a
mixed-use note, mortgage, trust deed or contract... Sell a raw land note, mortgage, trust deed or
contract...
We are always happy to
answer your questions and ready to provide you with a no cost no
obligation purchase proposal for this important investment. At Kelly Lucas
Ltd., we strive to offer the best pricing and exceptional service. We will do
our best to beat every other purchase offer you receive. This is our way of
making sure you receive the highest possible price when you sell a note, sell a
mortgage, sell a land contract or sell a deed of trust.
Are you receiving payments on a note, mortgage, deed of
trust or land contract?
We can help
you convert those payments into cash.
At Kelly Lucas Ltd. we always do our best to offer you the highest
cash price for your investment. Email or call us today at
(541)-547-5785 to receive a free, no-obligation quote!
Market Value of a Note
There are a number of companies that purchase real
estate notes and contracts. Often referred to as note buyers, trust deed
buyers, mortgage buyers, land contract buyers and deed of trust buyers these
companies all purchase real estate secured promissory notes. If you are in the
market to sell a note, sell a mortgage, sell a deed of trust, sell a contract
for deed, or sell any real estate secured note we recommend that you make sure
they are legitimate. You should never
have to pay any fees when selling your note(s). If they require money up front
or charge you fees BEWARE.
These are
the factors that determine the market value of real estate secured promissory
notes:
The type of property
securing the note The value of
the property securing the note
The promissory note or contract interest rate The number of payments made and
remaining The size of down
payment made at closing The
borrowers credit history
The current level of market interest rates
Glossary of Terms
Note A note, promissory note, mortgage note or trust
deed note is a borrowers written promise to pay a specific sum of money in the
future.
Mortgage A
mortgage or mortgage deed specifically pledges a borrowers real estate as
collateral against a note or loan.
Trust Deed A trust deed or deed of trust specifically
pledges a borrowers real estate as collateral against a note or loan.
Land Contract A land
contract, contract for deed or real estate contract is a method of selling
property with owner financing.
How long will it take before you get your
money
All deals vary, but normal
closing time is 2 to 3 weeks once we have lined up a buyer.
If you have any other questions,
please feel free to contact us. Either
I or my staff will be happy to help you. |
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Are You Receiving Payments?
Would you prefer to have cash instead?
Kelly Lucas Ltd. will pay you the highest cash price for
your trust deed, note, mortgage or land contract with no risks, hassles or
delays. Email or call us at
(541)-547-5785 to receive a free, no-obligation quote!
Purchase Options:
Full Purchase Option
Our full purchase option is the most popular with note
holders for several excellent reasons: 1. It provides the largest amount of cash. 2. It liquidates the entire investment. 3. It eliminates the potential risk and hassle of
foreclosure.
Partial Purchase
Option
Our partial purchase
option allows note holders to generate a specific amount of cash by selling
just a portion of their payments. The note seller receives cash at closing and
will go back to collecting payments again in the future.
Receive Top Dollar
With interest rates still near historical lows there may
never be a better time to sell a note, sell a trust deed, sell a mortgage, or
sell a land contract. Here are some important steps to take if you are
considering selling.
Step 1:
Locate your documents. It is important to have accurate information
available.
Step 2: Fill out
the note analysis form
Step 3:
Enter into a Purchase Agreement.
Step 4: Closing the sale at a local title company is the best
option for you. This is the only way you can be paid at the closing.
Benefits of Selling a
Note
People who sell a real estate
note, sell a mortgage note, sell a trust deed or sell a land contract enjoy
many important benefits:
They
convert a long-term stream of payments into an immediate source of cash.
They gain liquidity; preparing them
to better handle emergency situations, take advantage of investment
opportunities and putting them in better position to negotiate the purchase of
anything they are buying.
They
receive a significant amount of money now, enough to accomplish some major
goals.
They dont have to
worry about receiving the monthly payments on time.
They dont have to worry about whether or not the
property taxes or insurance premiums are being paid.
They can pay off credit cards and other debts that are
charging higher rates of interest.
They gain complete control over their money.
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