NOTEWORTHY SUCCESS
You can make $1000s
in a day as a note broker–work from home & there’s
no experience needed!
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Looking for a business you can run from home that requires no experience? Note brokering might be the perfect opportunity for you to consider now. It is also an excellent business to add on to existing service enterprises such as accounting firms and mortgage broker ventures. We interviewed Leland von Syring, the president and founder of Charter Financial who explained how note brokering works.
There are literally millions of individuals in this country who receive payments over time from privately-held mortgage notes, land contracts, court settlements and lottery winnings. Most of these individuals (literally millions) would prefer to have a lump sum of cash now instead of the relatively small amount they receive on a monthly or annual basis.
Charter Financial purchases these notes by offering a lump sum of money to the individual receiving payments in exchange for the right to receive their future payments. All that is required of you is to locate the holders of these notes. Charter Financial will teach you everything you need to know.
According to Leland von Syring, “ Once you begin working this wonderful business, you will find that people will be calling or emailing you ‘asking you’ to purchase their notes. This is because people who hold notes usually want to sell them but they don’t know whom to sell them to. You will become the person who helps them get the money they are looking for.
You will help us because we are looking to purchase as many notes as possible and you will help yourself with a great commission each time. Everyone wins!
“We have literally millions and millions of dollars available to purchase notes with but cannot find all of them on our own. We need your help! That’s where you come in, the Charter Financial Contract Buyer.” (Contract Buyers are sometimes referred to as Note Brokers or Brokers.)
Leland von Syring said, “We have designed an easy-to-follow system that teaches you how to set up a home based business that will allow you to make an excellent full or part-time income. Even if you have never worked for yourself before, you will find this business simple and easy to operate.
“When I founded Charter Financial in 1993, I too was looking to improve the quality of life for my family and myself. I know what it takes for a beginner to be successful in this business and I have set up our company with the beginning associate in mind. “
Is it easy to make money locating notes? How do I begin?
You wouldn’t believe how easy it is to make money in this business. Here is an example: Mrs. Smith would like to cash out the mortgage note she is holding on a home she sold one year ago. Her daughter is starting college in the fall and she needs money for tuition. When Mrs. Smith calls you, all you do is ask her the questions on the easy-to-read Mortgage Quote Sheet that comes with the course and then tell her you will get back to her in a few hours with a quote. You then call, fax or email this information to us and we will tell you how much we are willing to pay for this note. You subtract your commission from our price and then quote Mrs. Smith the new price.
Let’s illustrate this example:
Property type: Single Family Residence
Original sales price: $100,000
Down payment: $10,000
Original note balance: $90,000
Interest rate: 10%
Months financed: 360
Monthly payment: $789.81
Number of payments remaining: 348
In this example, Charter Financial would pay you $86,910 for this note. Let’s say you would like to make $3,000 on this deal. You would then quote Mrs. Smith a price of $83,910. When she accepts, Charter Financial will help you obtain the necessary paperwork or you can just step aside and they will do all the necessary work to close the transaction. This usually takes 2 to 3 weeks.
Charter Financial price $86,910
Your price to Mrs. Smith $83,910
You make $ 3,000
The best part of the note brokering business, said Mr. von Syring, is that you don’t have to sell anybody anything. People will actually call you trying to sell you their note or payment stream. You are the person who can help them get the money they need now. What are the steps to making money with Charter Financial? Mr. von Syring explained:
1. Locate note sellers
“We give you proven marketing methods to locate sellers of notes. This includes sample ads and letters. You also receive information on how to research courthouse records to locate mortgage holders and individuals that receive payments from personal injury settlements. We also discuss other proven marketing methods that successful Contract Buyers have used to make thousands and thousands of dollars. We will also teach you how to establish a referral base that will continuously give you endless leads.”
2. Take down information and forward to Charter Financial
“We give you easy-to-follow “quote” sheets (one page each) that contain the exact questions that you will need to ask a note seller about the payment stream. You then call, fax or email the information to our office. We will get back to you with an exact quote of how much we will pay for the note or payment stream. You subtract your commission from that price and then offer the new quote to your client.
3. Client Accepts Offer
“You then notify Charter Financial of the price that your client accepted. You may gather the documents that are needed to process the transaction, or if you desire, we will take over the deal from that point on and do all the necessary work to complete the transaction. Either way, your commission stays the same.
4. Deposit your money in the bank
“When the deal is completed, we will wire your commission directly into your bank account or overnight you a cashier’s check. You are paid the same day the transaction is completed. And, anyone can do this. You do not need a college degree in marketing to learn how to locate individuals who have notes and income streams to sell. You don’t even need a high school education. You just need a desire to succeed. We teach you everything you need to know in order to be successful and offer you our on-going phone and email support.
“Most people start out on a part-time basis. We will teach you how you can successfully earn additional monthly income working this business just a few hours a week. Many housewives do this business for extra income as well as college students. Also, there are many individuals who come into contact with holders of notes on a daily basis and don’t even know it. Charter Financial will help you identify and work with these individuals.
“Many successful Contract Buyers are currently making well over $100,000 per year and working less than 40 hours a week. They all have the flexibility to work when they want and where they want. As you will see in the training manual, all you need in order to operate your business is a home phone or cellular phone. You can do this business anywhere. As a matter of fact, our company purchases notes in all 50 states. Many Contract Buyers make more money from one phone call than most people make in a month.” •
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