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FAQs
Q) How long does it take?
A). Every transaction is different. A typical transaction
with all pertinent information available, should take about
21 to 30 days.
Q) What do you do with my information?
A). Not all private information is necessary to provide
a quote an offer on the cash flow you are receiving. However
it is necessary to provide a few specific bits of financial
information. We will need things like type of property financed,
certain terms on the note and something about the person making
payments. This information is only used to calculate an offer
on the cash flow stream. It is not sold to a mailing list service
or anything like that.
Q) Will I need to provide you with additional information?
A) Once we have an agreement as to the amount you will receive
for your note, we will need all pertinent information about
your note in order to open a full Escrow. Some items that will
be needed include a copy of the note, payment history, original
escrow statement from when the note was created among other
items.
Q) When can I expect a check for my note?
A) All transactions are conducted with an escrow company
to provide the greatest protection to all parties. Upon completion
of the escrow process which could take from 21 to 30 days, you
will be paid directly from escrow.
Q) What kind of note can you cash in?
A) We buy trust deeds & mortgage notes, also known as
land contracts, mobile home notes, business notes, seller financed
notes, and most types of private party financing for real estate
transactions.
Copyright 2006 Starwel Funding
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