“I want to sell my real estate note in Augusta, GA…Where do I start?”
Holding a real estate note, a private mortgage note, a private promissory note, or other paper real estate asset in Georgia can sometimes be a challenging proposition: They don’t always offer the highest returns; you collect your cash over some time, and can come with the hassle of chasing payments.
And if you are trying to collect from a bad borrower or are facing the threat of foreclosure, you could collect less than you deserve.
Are you missing out on better opportunities because you hold real estate notes?
Although some people may choose the “wait and see.. and hope” method of holding real estate notes, you may prefer to get rid of your real estate note now so that you can reclaim the capital and use it for a different investment or use the money for something that came up that you need liquid cash for.
Getting rid of your Georgia real estate note is sometimes your best option because it lets you do more with your money.
For example, you can sell all or part of your private mortgage note or other asset and use the cash to reduce or eliminate your debt so that you no longer have to pay the debt service.
Or you can reinvest the cash in another type of investment with a higher yield. This is a particularly good idea if other potential investment options are doing well, such as the stock market, local Augusta or Georgia real estate, or municipal bonds.
You can even sell off all or part of your real estate notes to diversify your portfolio. Having all your eggs in one basket is never a good idea.
Here’s the problem and the solution to your Georgia real estate notes
The risks include not collecting the money owed to you. Perhaps the more significant risk is the opportunity cost of missing out on investing your money in a better investment.
Holding your real estate note or a similar asset is not risk-free. Property values are notoriously unstable, especially in today’s economy. So, the asset you think has a high value today could be worth far less.
And then there’s the hassle of owning a real estate note. Not only are there bookkeeping problems to worry about month after month, but collecting the real estate note is not always a straightforward process. And if the property goes into foreclosure, you risk losing some or all of your investment.
Your best bet is to find a Georgia real estate note buyer (we’re based in Augusta!) who will pay you a fair price without jerking you around. If you’d like an offer today, call us at 706-873-1213.
Fortunately, there’s a better solution than holding onto an unwanted note: Convert those notes to cash.
Cash is the most liquid asset. It allows you to use it any way you like without any obligations or risks.
When you sell all or part of your real estate notes for cash, you can use it to make newer, better investments to grow your portfolio faster. You have more options in terms of reducing debt.
You can also use cash in any way you like.
I want to sell my real estate note in Augusta now!
If you are interested in learning more your options for selling all or part of your real estate note in Augusta, call us at 706-873-1213 or click here to visit our website so you can learn more about your options.
We can make you an all-cash fair offer on your note payments today, so head over and fill out the form on our site to get a fast-free quote, or call us at 706-873-1213!
Here at HAS Holdings LLC we look forward to connecting with you!