Do you have some gauraunteed payments coming to you? We will pay top dollar to collect your payments. We are a private investment company that does investing for pensions, retirement accounts, and other financial institutions. We buy Lottery winings, annuities won from lawsuits, owner financed mortgages,
Please use this Form for Real Estate Notes The Lottery and Annuity's form is located hereLottery/Annuity
An existing mortgage note is created when a seller sells a property and
provides owner financing to the buyer. The transaction will have already
closed and the seller will have begun to receive the monthly payments as
outlined in the mortgage note.
2. Mortgage notes having less than seven payments made are considered to be a
new note. When dealing with this type of mortgage note, we must have credit
scores on the buyer above 560 to be able to bid on the note. After the seventh
payment is made credit becomes less of an issue and we can bid on the note
with scores down to 520. The note is considered seasoned after the seventh
payment is made.
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3.To learn our offer, fill out the form below.
4. We will then fax or E-mail to you a pay price based upon the information
provided. The pay price figure is a wholesale quote to you. This is the amount
KDG will pay to you for the existing note. (Wholesale means the seller is
responsible for closing fees. This is indicated on the Mortgage
Purchase Agreement, section number 2)
6. Your final quote figure must be put onto the Mortgage Purchase Agreement –
Existing Note, (Form 113) and signed by KDG Real Estate LLC as the Purchaser. This
agreement tells the note seller exactly how much we are going to pay for the
note. (The note seller must notarize the form.
7. KDG will provide the note seller with the Mortgage Note Purchase Agreement for
execution along with:
The Mortgage Estoppel Certificate – Form 112 (requires notary)
The Payment History Verification – Form 118. (requires notary)
The Submission Requirements Existing Note – Form 123.
8. The seller must provide all the requested items on the Submission
Requirements Form (Form 123). After receiving all items, we will ship for processing.
Closings on existing notes generally take approximately 10
business days from receipt of complete package. If any additional information
is needed you’ll be contacted by the Processing Department.
9. Upon processing’s final approval, closing will be scheduled with the closing
agent for the seller. At closing the seller turns over all original documentation
(Note and Mortgage or Deed of Trust) to closing agent. Funds are then wired
to the closing agent’s bank and upon arrival are dispersed to the note seller.
10. The closing agent sends the original documents to us. Upon receipt your
funds are sent to you. This generally occurs within 72 hours of