Note Balance
of Balance Paid
Washburn County, WI
A 10-acre recreational parcel in Washburn County, Wisconsin was sold with seller financing. The buyer put down 10% and the note was created at 10% interest over 7 years. Despite the lower down payment, Damen Capital purchased the note for 77.8% of the balance based on the property's strong recreational value and location in Wisconsin's Northwoods region.
Lower buyer down payments (10% in this case) result in a lower payout percentage because the note buyer takes on more risk. A 20%+ down payment from the buyer would have pushed this payout above 85%.
Get a no-obligation quote from Damen Capital Fund. We'll tell you exactly what your note is worth.