Q: Why should I even sell my note in the first place?

A: A couple reasons really. First off, your investment is trapped inside of those future note payments. So if you need cash to pay off debts, make a new investment, or any other reason… selling all or part of your future note payments may be a great option. Second, selling all or part of your future note payments doesn’t mean you’re losing any principle. In fact, there may be ways we can structure the purchase of your note payments so you regain all or most of the principal owed you in the note. Ask us how and if your note qualifies ››

Q: Why should I sell my note to Gardiner Capital Group?
A: Great question! In addition to the fact that we offer some of the highest prices and can close fast, is that after we buy your note payments…

You won’t have to worry about admin tasks like IRS income tax reporting requirements, IRS tax liens against the payor, collecting payments, etc.

You won’t have to worry about borrower issues like bankruptcy, divorce or death, defaulting on your note. (that’s for us to worry about)

You won’t have to worry about destruction and devaluation of the property / asset.

You won’t have to worry about your note being assumed by another borrower who turns out to be a deadbeat.

Q: How do you come up with the price to offer me for my note?
A: Ultimately when we look to buy notes across the U.S.… we look at a few factors:

1) The note: Payment amount, loan terms, # of remaining payments.

2) The asset: A bit about the property or asset backing the note. If it’s a quality asset, the note will be worth more.

3) The borrower: The seasoning on the note, credit profile, etc. With all of that we’ll figure out the value of the note and present an offer that’s a discount on that value.

Once we know the situation well, we’ll make you an offer. This offer is based off of the value of the note, the risk on us receiving the payments from the borrower, and the quality of the security backing the note (real estate, etc.). You can expect to receive an offer that is a discount on the full remaining payment value based on the factors above.

Q: Do you broker the notes or are you buying for yourself?
A: Yes, sometimes we do broker notes that might not meet our specific guidelines.

Now before you run off thinking this is a negative, let us describe exactly what that means and why it can actually be a good thing for you and not this terrible thing that other note buyers might talk about.

Any note buyer that tells you they buy all notes, while maybe telling the truth, will really just offer more conservatively (less cash for you) on notes that don’t meet their criteria. If you don’t like their offer and you still want to sell your note, you have to go through the process again with as many buyers as it takes to get an offer that meets your needs.

Gardiner Capital Group, in addition to buying for our own account, maintains industry connections to other investors that specialize in certain geographies or types of notes. What does that mean for you? That means that instead of searching the internet to try and find the right buyer (and not really knowing whether they’re a broker, end buyer, etc.), you can let us do that legwork for you. Ultimately that saves you time and hassle, which is what you’re trying to avoid in the first place.

In instances where we do broker a note to one of our qualified buyers or bankers, you don’t see an offer unless we’ve already worked with the other buyer on their offer. Some brokers will make an offer simply to lock a note seller into a purchase agreement. This is not the way we do business. The offer you see is as close as we can possibly get to the cash you’ll see at closing. One of the most annoying (and disrespectful) things someone can do is string you along only to be unable to close because they were unable to find a buyer for your note after locking you into a purchase agreement. Consider this when considering your options. The partner you choose is the most important decision you will make in this process.

The decision is ultimately yours, but we encourage you to think about whether you want to get the highest price on your note by making one phone call, or potentially go through several false starts talking to any number of other buyers only to find out that they either don’t buy your particular type of note, or send you a low-ball offer.

Q: Is there any obligation when I submit my info?

A: No obligation at all. Once you tell us a bit about your note, we’ll take a look at things, maybe set up a call with you to find out a bit more about the borrower or to confirm some details, and make you a fair cash offer that’s fair for you and fair for us.

The whole time it’s 100% your decision on whether or not you’d like to work with us to sell your note. Once you get our offer we encourage you to research it, shop it around if you want to, and ask us any questions you want. No pressures. No hassles.