OK THIS IS WHAT I AM A NOTE FINDER
IN THE SECONDARY FINANCE INDUSTRY, A UNIQUE GROUP OF INDIVIDUALS EXISTS WHO SPECIALZE IN LOCATING NOTE BUYERS. THESE
CASH FLOW SPECIALISTS-OFTEN KNOWN SIMPLY AS ''FINDERS'' HAVE A UNIQUE UNDERSTANDING OF WHAT MOST BUYERS ARE
LOOKING FOR. THESE FINDERS ARE HAPPY TO WORK WITH AGENTS AND THEIR CLIENTS. MANY OF THEM UTILIZE ONLINE MARKETING AND HAVE
INTERNET WEBSITES TO FACILITE THE BUYER LOCATION PROCESS.
THE BEST OF THE BUNCH ALSO LOOK IN THE NEWSPAPER FOR PROPERTY SELLERS OFFERING FINANCEING,SO SOMETIMES A GOOD FINDER WILL
CONTACT THE SELLER IF THEIR PROPERTY IS ADVETISED AS F.S.B.O. FINDERS SPECIALIZE IN HELPING PROPERTY SELLERS LOCATE BUYERS
FOR SECURED NOTES.
ONCE IN CONTACT WITH A FINDER THE SELLER SHOUD EXPLAIIN THE DETAILS OF THE SITUATION WHILE NOTE FINDERS WON,T BE ABLE TO OFFER
ANY LEGAL ADVICE OR ASSIST WITH THE CREATION OF A NOTE, THAY ARE QUALIFED TO GIVE GENERAL RECOMMENATION ABOUT WHAT TYPES OF
TERMS ARE ATTRACTIVE TO NOTE PURCHASERS MOST IMPORTANTLY,NOTE FINDERS WILL BE ABLE TO HELP LOCATE A BUYER FOR A NEWLY-CREATED
CASH FLOW.
REMEBER THESE FINDERS ARE NOT NOTE BROKERS, MEANING THEY WILL NOT "SHOW" THE SELL'S NOTE TO BUYERS
OR ACT AS A REPRESENTATIVE. THEY WILL ONLY PASS THE INFORMATION ALONG TO SOMEONE WHO WOULD BE INTERESTED. ONCE A COMMITMENT
TO PURCHASE THE CASH FLOW HAS BEED ESTABLISHED. THE BUYER WILL STEP IN AND COMPLETE THE DEAL
WHEN WORK WITH A PROPERTY SELLER WHO NEEDS A LUMP SUM OF CASH IMMEDIATELY AFTER SELLING THEIR REAL ESTATE.
CONTACTING A FINDER EARLY IN THE PROCSEE OF CREATING A REAL ESTATE NOE MAKES SENSE. BY INVOLVING A QUALIFIED NOTE FINDER BEFORE
A NOTE IS CREATED, THE PROPERTY SELLER CAN RECEIVE INVAUALBE INPUT ABOUT THE PAYMENT CHARACTERISTICS THAT NOTE BUYERS PREFER.
WITHOUT THIS KNOWLEDGE,THE PROPERTY COULD SELL QUICKLY WITH THE CREATION OF A NEW NOTE. BUT THE SELLER MIGHT END UP COLLECTING
THE PAYMENTS LONG-TERM INSTEAD OF BEING ABLE TO QUICKLY "TRADE" THE FUTURE PAYMENTS FOR AN UPFRONT CASH SETTLEMENT
IF THE PROPERTY SELLER WILL NEED A LARGE AMOUNT OF CASH QUICKLY, IT MAKES SENSE OF A NOTE FINDER.