Simultaneous Closings, Real Estate Simultaneous
Buy Seller Financed Notes Nationwide offering top dollars.
The Simultaneous Closings place
on the Web
We help property owners and investors close deals
nationwide through real estate simultaneous closings. We buy
seller financed notes at closing for cash.
Whether you are new to the Simultaneous closings
business or Seller financing or even if you are a
seasoned investor, we have the information and
resources to meet your needs. Feel free to
contact us or fill out our online
Quote Request form. You can also request our free
'Simultaneous Closings Report'
in our contact form here.
Update : To find out how the current real
estate market situation is affecting simultaneous
closings, click here.
What are Simultaneous
Itís a seller
financing technique where the property seller offers
to create a private mortgage note to the buyer and
then turns around and sells it to a note investor on
In a conventional Real
Estate sale, closing day is the day when the
documents are executed and/or recorded, and the real
estate sale (and loan) is completed.
On a Simultaneous
Closings transaction, there is a second closing,
where the seller financed note is sold to a note
This second closing
could take place on the same day as the Real Estate
transaction closing, or it could take place shortly
Seller financing can
be of benefit to property sellers
Some property sellers
are willing to offer seller financing to generate
more interest in the property. They know that there
are people out there that donít qualify for
conventional mortgages, and the sellers are willing
to offer their own financing, in fact acting as a
bank to the buyers.
They know that
offering seller financing will bring in more
interested buyers and that therefore they will be
able to sell properties quicker and more profitably.
Why donít all property
sellers offer seller financing?
First, the seller has
to be willing to receive monthly payments instead of
a lump sum. If the seller is in search of monthly
cash flow, this is a great long-term investment, but
not everybody is looking for this.
Then, there is the
risk of default. Buyers could stop making monthly
payments and the seller may have to foreclose. This
will cause the seller to spend time and money
dealing with attorneys, eviction issues, etc. This
is a bigger headache that some people want to deal
Some sellers donít
have enough equity on the property to be able to
offer this, while others are not aware that they can
offer seller financing even if they donít own the
property outright and they are still making mortgage
payments to the bank.
go a step further
You already learned in
the above paragraph that seller financing by itself
has a downside. Here is where Simultaneous Closings
can be of great benefit.
By selling the seller
financed note for cash on closing day, there is no
need to receive monthly payments over a long period
And if the buyer later
defaults on his payments, itís not the sellerís
problem anymore. The seller got his money and is out
of the picture.
The third point is a
little more difficult to make because we havenít
discussed what a wraparound mortgage is (and itís
beyond the scope of this website to get into this
type of mortgage which can be a little
controversial), but letís just say that with
simultaneous closings, the seller may be able to
create a wraparound mortgage and sell it on closing,
even if heís still making mortgage payments.
Who benefits the most
from Simultaneous Closings?
that need to close a property sale quickly in order
to move on to the next project are the ones that can
benefit the most. These investors are used to
dealing with buyers, attorneys, title agencies, etc.
and have the time to devote to any issues that may
arise. They are prime candidates for using this
Home owners can also
benefit from this, but they can not be the typical
hands-off homeowner. They have to be willing to
screen potential buyers, set and negotiate the sale
price and terms of the mortgage, deal with the title
agency, note buyer, etc. In sum, they have to be the
hands-on type, and have time in his hands to do all
Loan Originators that
are having problems getting their buyerís approved
through the system due to bad credit and that have
time constraints are also candidates.
sellers that have time constraints and are having
problems generating interest in their properties can
Any other parties that
represent sellers that need to sell properties
quickly and are having problems finding buyers, such
as attorneys, accountants, title agencies, etc.
How do I know if this
is for me?
Ask yourself the
Do I need to sell
my property quickly or can I wait the time itíd
take to sell through conventional channels?
Am I having
problems selling my property?
Do I want to sell
it at full appraised value?
Is my property non
conforming? (i.e. dimensions, looks, local
Am I willing to
spend time dealing with all parties involved,
buyers, attorney, title agency, etc. ?
You may want to
consider offering Simultaneous Closings if you
answer Yes to most of these questions.
What is the next step
Feel free to browse
this website and become familiar with its contents
before deciding whether this is what you want. The
page has an example of this type of transaction and
describes the steps that we go through to close
Simultaneous Closings deals.
You can also register to receive our free
'Simultaneous Closing Report'
here in our contact form.
This report describes in more detail the
steps of a simultaneous closings transaction.
If you already know what you want and would like to
obtain a quote for your Real Estate simultaneous closings deal,
you can get a quick quote by filling out our online
Quote Request Form. Weíll be happy to help.
you feel that you still need to get more
information, you may consider obtaining our e-book
"Simultaneous Closings Revealed : How to sell your
property fast using seller financing and other
This e-book has been written by insiders with
property sellers in mind and guides you step-by-step
through the process of profitably selling your note
to a note buyer in a Simultaneous Closings
Simultaneous Closings Revealed:
If you are serious about
doing simultaneous closing, you may consider getting our e-book
Get into a simultaneous
closings transaction knowing what to expect and
how to deal with potential problems.
Learn how much money you
should expect out of this transaction.
4 tips on how to maximize
the dollars you get.
The 3 things that you should do to smooth
out a transaction.
Get familiar with the deal
structures that will put more money in your
Find out what structures
are usually more successful and how to improve
Learn how to use
simultaneous closings even if there are
underlying mortgages or liens on your property.
Get the insider's view on
this technique. Nothing held back.
This information is
priceless to the homeowner and investor that
wants to sell a property quickly.
Full 60 day 100% money back
here to get all the details