Most Note holders created their Notes because it made sense at the time, but life throws curve balls and things can change. Here are some of the reasons a Note holder might sell their Note to an Investor like Faller Financial:
- A dispute arises with the borrower
- A dispute arises with a partner (i.e. divorce, business dissolution)
- Performance of the loan declines (i.e. borrower doesn’t always pay on-time or even stops paying)
- Unforeseen illness in the family (medical bills or just need replacement income)
- Other investment opportunity (i.e. starting a business or investing in something else)
- Need money for retirement funds
- Note holder is relocating (i.e. hassle to deal with note from another city)
- Desire to help kids pay college tuition
- Desire to take a dream vacation
- Need money to pay legal bills
- Need money to pay income taxes or property taxes
- The Note was inherited from a family member and the Holder doesn’t want to deal with the headache
- The Note was created with the sole purpose to sell the property (i.e. never wanted to be a lender in the first place)
Call 404-892-1997 to learn how we can serve your needs.