Simultaneous Seller Carry Back

SIMULTANEOUS BUYOUT

One component of our Seller Note Buying Program is the simultaneous purchase of a seller note at the closing table. This allows for the seller to:

• Offer affordable financing to qualified buyers of any nationality.

• Sell their note at the closing table and WALK AWAY WITH THE CASH!—No servicing a loan for years.

THE PROGRAM

• For example: an owner can offer a 9.99% loan for a 10 year loan to sell the property.
And advertise “Owner Financing”.

• Since the Lender must see a higher interest on their money…

• The Owner makes up for the difference by “selling the note” at
the closing table for a discount. This generally comes to 10% of the sales price per unit — BUT THIS CAN BE DONE AT NO EXTRA COST.

HOW IT WORKS

1. Register with MEXLend and work out the numbers.
2. Maintain higher sales price to offset back end cost of selling loan.
3. Offer Contract of Sale with Loan terms (including ability to sell the loan to 3rd parties). MEXLend will provide wording.
4. Have MEXLend qualify potential Buyer.
5. Once you have a Qualified Buyer, the Seller will enter into contract with Alaska Financial to sell the loan at closing.

WHY IS THIS ADVANTAGEOUS TO THE SELLER AND REALTOR?

• Most owners and realtors are used to discounting the asset or PROPERTY in order to make the sale. In this case, the property price stays the same, but the discount occurs with the money at closing.
• Having affordable financing will increase interest from buyers and increase amount of purchasers who can afford your property.
• A bonus for the realtor is that they are paid their commission on the original sales price… not on a discounted asset price.

WHAT DOES CLOSING LOOK LIKE?

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DOWNLOAD OUR SIMULTANEOUS PURCHASE OF SELLER NOTES AT CLOSING