An $85,000 Texas land deal with a 47% down payment. The seller sold the $45,000 note to Damen Capital at closing and collected $67,097 — nearly 79% of the sale price, all cash, same day.
The seller listed a 1.7-acre Texas property at $85,000 with seller financing terms.
The buyer put $40,000 down (47%). Damen Capital quoted $27,097 for the $45,000 note at 9.9% over 72 months.
Damen Capital purchased the note at closing and wired funds directly to the seller. Total cash to the seller: $67,097.
The buyer's strong 47% down payment meant the seller already had $40,000 in hand. Selling the note added another $27,097 at closing — giving the seller $67,097 total instead of waiting 6 years to collect the remaining $45,000 in monthly payments.
Get a no-obligation quote from Damen Capital Fund. We'll tell you exactly what your note is worth.