JBC Capital buys privately held (also called seller financed) real estate notes in all 50 states. Depending on the state, this paper may come in the form of a Note & Deed of Trust, a Note & Mortgage, or a Contract for Deed. Certain states have other names for the documents, but they essentially fall into one of these three categories.

The collateral securing the notes may be on any of the following property types :

RESIDENTIAL NOTES :

Single-family residences
2-4 family residences
Multi-family residences (apartment buildings with five or more units)
Condominiums
Town-houses
Mobile homes with land

COMMERCIAL NOTES :

Mixed-use properties (buildings with a residential and commercial component)
Retail properties (strip malls, single-tenant shops)
Office buildings
Office condominiums
Other (If the commercial property type is not listed here, contact us)

LAND NOTES :

Improved residential lots (utilities, sewer/septic, roads, etc.)
Unimproved residential lots
Improved and unimproved commercial land
Recreational land
Agricultural land


PARTIAL PURCHASE NOTES :

Do you have a need for a set amount of cash? We can provide an option to purchase just part of your seller-financed note, leaving you a future stream of payments once our entitlement has been satisfied. This is called a partial purchase, and it’s another option to consider, especially in declining real estate markets where the property you sold may be worth less today than it was on the sales date.

POOLS OF NOTES : 

JBC Capital will also make offers on pools of performing & non performing real estate notes. Please email the pool in an Excel spreadsheet with a complete list of all the terms to date. 

Why do most people sell their notes ?

The reasons people sell their notes are as varied as the people themselves:
They find a better investment opportunity
They need cash for their children’s college tuition
They encounter unforeseen medical bills
They no longer wish to deal with the hassles of servicing their note themselves
They need cash for a new car, motor home, boat, etc.
They just want to take that dream vacation

What factors determine the price you can offer for my note ?

Several factors come into play: the interest rate on the note, the down payment at time of sale, the loan-to-value (LTV), the property type, property condition, the borrower’s credit and pay history all impact the value of your note. 

Will the sale of my note affect the borrower in any way ?

The terms of the note are not affected when you sell your note. The only thing that changes is where (and to whom) the borrowers send their payments.

How quickly can you fund ?

The due diligence process typically takes two to four weeks, dependent upon a few factors:
Our ability to get copies of all needed documents from you
The time it takes to obtain a property value from a contracted professional (appraiser or real estate agent)
The time it takes to obtain an updated title report, if needed.

Why should I work with you over one of your competitors ?

Our company is founded on the principles of integrity, honesty, and fairness. We believe that if the transaction doesn’t benefit both the seller and the buyer then it simply shouldn’t be done. We have years of experience in buying and selling real estate notes. We will answer all of your questions and provide solutions and service to our customers.