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Options You Have in Selling Your Note How we Determine the Value of Your Note How the Process of Selling Your Note Works 
Colonial Blue is here to meet your needs. We understand that while purchasing your full note will result in the most cash and the least amount of future stress for you, that this may not be the option you desire. We won't force you to sell your whole note if that's not what you need. Just let us know exactly how much money you need or would like to receive from your payments and we will only buy enough of the note to reach that amount. We want to assure you that here at Colonial Blue our first interest is you. We want to make sure you receive the most benefit and the highest return out of your note, even if you only wish to sell part of it. If you were considering selling only part of your note, Colonial Blue will buy any of the following (or a combination of them):
You may be wondering how Colonial Blue determines the value of the note you hold. Because we want you to receive the largest amount of cash possible for your note we look very closely at several different factors. Some of the questions we ask to determine the value of your note: Where is the property located / what type of neighborhood?Other concepts that help us determine the value of your note is the annual rise of inflation. The dollar you have today will not have the same buying power 15 years from now. Therefore even though the payments you would receive in 15 years would be for the same dollar amount their value would be less. Maybe the best illustration of this concept is the US Postal Stamp. Not ten years ago you could buy a first class stamp for 22 cents to send your letters. If you had that same 22 cents today you would not be able to purchase one stamp, in fact that same 22 cent stamp is now only worth about 59% or 3/5ths of the price of sending a letter first class today(37 cents). 
The process of selling your note is simple and quick. When you make the decision to sell all or part of your note and contact Colonial Blue we want to make sure that you are never confused and are fully aware of the process we go through in buying your note. Please know that Colonial Blue is not a collection agency or a lending institution. We are simply a vehicle to help you receive cash for your note. We do not generate mortgages and will find it difficult to purchase a note that has non-payments or late payment flags on it. After you contact Colonial Blue for more information about purchasing your note we will contact you within 48 hours to ask you about all the details of the property and note. This will help us determine the best quote. Once we have received all necessary information we need anywhere from two to ten days to research the best offer we can make. After this time we will present you with an offer, both verbal and written. If you accept this offer you will simply sign the offer and any other paperwork we send to you and a check will be made for you in the amount of the offer, which can often be received in as little as 3 days*. The person(s) who were making the payments to will simply receive a letter in the mail informing them of a new address and name to send their checks to. The terms of that note that you created will not change when you sell the note, and the borrower will not be affected otherwise. * - the time in which you will receive your check depends on several factors, but three to seven days is average What is a Note? Benefits of Owner Financing to the Seller & the Buyer Reason to Sell Your Note How Colonial Blue can Help you Create and Sell your Note at Closing, so you take no risk Sell Your Real Estate Note here |
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© Copyright Colonial Blue™ Info@colonialblue.com PO BOx 60972 : Pasadena, CA : 91116-6972 tel 626.905.2583 : fax 626.795.2885 |
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