A 13-acre Virginia property sold for $66,000 with a 40% down payment. The seller sold the note to Damen Capital at closing and collected $53,115 — over 80% of the sale price in one lump sum.
The seller offered a 13.1-acre Virginia property at $66,000 with seller financing to attract more buyers.
The buyer put 40% down ($26,400). Damen Capital quoted $26,715 for the remaining $39,600 note at 10.9% over 96 months.
Damen Capital purchased the note at closing and wired funds directly to the seller. The seller collected $53,115 total.
A 40% down payment shows a committed buyer and reduces risk across the board. The seller collected $53,115 at closing — 80.5% of the sale price — instead of waiting 8 years to collect $620/month. The buyer got the property they wanted with affordable monthly payments.
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