If you acted as the lender for a Real Estate purchase, but no longer wish to be burdened with collecting monthly payments, Parafin can assist you with obtaining the fair current market value for your Real Estate Note balance.
To inquire what Parafin would pay for your Note or Contract, you should be aware that our purchase will be at a discount. In order for us to determine what that discount will be, we need to review a copy of the following documentation:
- A copy of the Promissory Note and Mortgage/Deed of Trust or a copy of the Contract for Sale;
- A copy of the last 12 months pay history; and
- A copy of the HUD-1 Closing Statement done when the property sold to the Buyer
These documents can be sent to us via fax at 561-828-4660 or emailed to us at [email protected] (not .com). Please fill out our Contact Form to the right of this page, allow us 24 to 48 hours for review, and we will get back to you with some options that are available to you.
This process is completely confidential. At Parafin, there is no pressure – you have the freedom to review your quote(s) and make a decision on your terms.