Financial Services

We are happy to buy good paper, we are willing to buy bad paper

We buy paper, in this context paper means security instruments, securing a debt against real estate i.e. notes and deeds of trust and real estate contracts.

Although we are happy to buy good paper, we are willing to buy bad paper.

If you are the holder of real estate secured paper and would rather have a large cash sum now instead of small monthly payments, contact us.

The value of your paper depends on a number of items, such as:

How well seasoned it is
What the credit rating of your buyer or paper is
The relative loan to value of the paper
Definitions
Paper
An instrument securing a debt against real estate

Good Paper
Paper that has a payor that has a good credit rating and a good payment history that is secured by real estate valued at more than the balance still due on the paper. Paper that is in first position or second position behimd a relatively small first.

Bad Paper
Pretty much any paper that does not meet the criteria of good paper.

Contact us below…
Horace McKnight
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