According to Advanced Seller Data Services, 81% of the new note market in 2016 was made up of sellers creating just one note. Texas, California and Florida led the way with most notes created.
Many of these sellers that make up the 81% do not know they can sell their note for cash. This fact is one of the reasons this Blog and my Newsletter exist.
Also, the options available in selling a note extend way beyond selling the entire note. For example, if a seller has 300 payments remaining, he can sell a portion of those 300 payments. He can sell 50, 100, 150 or any number of payments left on the note. He can sell a part of each monthly payment and retain the rest. If he has a balloon payment, he may be able to sell the balloon only or a portion of the balloon.
Our business is one of providing options to a seller, and then for the seller to decide if any of these options serve his cash needs.