Selling your note is a pretty simple process.
Once you have accepted a price for your note, I will prepare an Intent to Purchase letter. This letter will briefly outline what I have told you verbally. It will indicate the Cash Offer, review the note terms, stipulate when we will receive the first payment, what the due diligence will entail, who will pay closing costs, estimated closing time, etc.
You and I will sign this letter. This letter starts the process and is our Investor’s proof that his offer has been accepted.