FREQUENTLY ASKED QUESTIONS
HOW MUCH IS MY NOTE WORTH?
There is no charge to evaluate the cash value of your note, it is a free service we provide. Each note is carefully reviewed to determine its maximum cash value. Some important factors that determine the cash value of your note include: interest rate, amortization terms, property type, buyer credit and buyer equity. We evaluate each note for the best buyout option available at the time and hopefully the one that will best meet your individual needs.
WILL SELLING MY NOTE HAVE ANY NEGATIVE IMPACT ON THE NOTE PAYER?
No, when you sell your note, we assume the legal position you currently hold. In doing so, we are required to abide by all the original terms of the contract.
HOW LONG DOES THIS PROCESS TAKE?
Typically the entire process takes about 3 weeks. Please note that with some notes the due diligence process may take a little longer.
WHAT ARE THE BENEFITS TO SELLING MY NOTE?
There are a number of benefits, some of which are;
You don't have to worry about the possibility of delinquent insurance or property tax payments.
You no longer need to worry about receiving payments on time or worry about whether your purchaser will continue to even make their payments, especially if you have an underlying lien or need the payments to live on.
You will receive a large lump sum of cash today to accomplish personal needs or life goals.
If your buyer is paying on time but allowing the property to deteriorate you’ll rid yourself of the concern that you might end up with the property and a large renovation expense.
HOW DO I KNOW THAT KENNEDY PARTNERS IS THE FIRM FOR ME?
Our focus is on finding the right option for you. We work with you to understand how we an be a resource and there is no cost or commitment for a consultation.
WHAT IS THE BEST WAY TO GET STARTED?
That's a good question. We don't want to assume we can help, but the best first step is reaching out to us to have a conversation.