A land investor offered seller financing to sell faster, then sold the note to Damen Capital at closing — walking away with 85% of the sale price in cash, same day.
The seller offered the 6.2-acre Florida property with seller financing to attract more buyers and sell faster.
Before closing, the seller got a firm quote from Damen Capital to purchase the note — locking in $69,000 for the $87,430 note.
Damen Capital purchased the note at closing and wired funds directly to the seller. The seller walked away with $106,470 cash — no waiting for monthly payments.
Without selling the note, this seller would have collected $37,470 at closing and then waited up to 10 years to receive the remaining $87,430 in monthly installments of $1,254. Instead, they sold the note at closing and collected $106,470 in one lump sum — 85% of the full sale price, with zero ongoing risk.
By giving up 14.8% of the sale price, the seller eliminated all risk of buyer default, avoided years of payment tracking and servicing, and freed up capital to reinvest immediately.
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