A strong buyer put 62% down on a 20-acre Arizona property. The seller sold the remaining note to Damen Capital at closing and walked away with 93.4% of the sale price in cash.
The seller listed a 20-acre Arizona property at $80,000 with seller financing to attract more buyers.
The buyer came in strong with $50,000 down (62%). Damen Capital quoted $24,698 for the remaining $30,000 note.
Damen Capital purchased the note at closing and wired funds directly to the seller. The seller walked away with $74,698 — 93.4% of the sale price.
The buyer's 62% down payment meant the note was only $30,000 — making it low-risk for Damen Capital and high-value for the seller. The seller collected $74,698 at closing instead of waiting 10 years to collect $30,000 in monthly installments.
Get a no-obligation quote from Damen Capital Fund. We'll tell you exactly what your note is worth.