A 4-acre North Carolina property sold for $50,000 with 20% down. The seller sold the $40,000 note to Damen Capital at closing and collected $42,000 total — 84% of the sale price, no waiting.
The seller listed a 4-acre North Carolina property at $50,000 with seller financing to move the property faster.
The buyer put $10,000 down (20%). Damen Capital quoted $32,000 for the $40,000 note at 12% over 120 months.
Damen Capital purchased the note at closing and wired funds directly to the seller. Total cash: $42,000.
A 10-year note means 10 years of collecting payments, tracking a borrower, and carrying default risk. This seller traded that for $42,000 cash at closing — 84% of the sale price with zero ongoing hassle.
Get a no-obligation quote from Damen Capital Fund. We'll tell you exactly what your note is worth.