Over and over again the TV commercials ask: "Do you have a structured settlement? Do you have a an annuity? Do you have a land contract? Do you have a contract for deed? Do you have an incoming private note?" We'll give you the cash you need!
Ya, right! No one will give you anything! You have a valuable asset, they will pay you a small fraction of it's value if you'll simply assign the full value to them.
Do you know you can normally do far better Hypothecating the note, annuity, structured settlement, et. al. yourself!
To hypothecate is to pledge an asset as security. It's the same as mortgaging real property.
Have you ever wondered where these companies get the money to keep buying these contracts? They get it by hypothecating the valuable asset you sold them! They get it by taking your cash flow to the bank!
Not only will they get an imitate profit from the loan proceeds, but they'll get huge profits when the notes is paid and the monthly cash is returned to them!
You could do this your self, NO CREDIT NEEDED! That's right your credit isn't relevant. You do have to have the right to pledge the asset, but you had to have that with the TV companies, too. The value of the asset is based on the credit of people/company paying the note or annuity, not your's.
Opportunity abounds. If you have an asset, if you deal in real estate, or any other service or product, if you recognize what you're looking at.
To many mistakenly believe the current crisis has caused a fall in demand. They're wrong. We have more people than ever before, the people still need homes, people don't know they can buy. There is always more than one way!
The knowledgeable real estate pro' can put people in the homes they need. Hypothecation is just another tool, one your client or you yourself can use.
Now go make a better life.
Bill
William J Archambault Jr
The Real Estate Investment Institute
