HOLDING A PRIVATE REAL ESTATE CONTRACT CAN BE RISKY
Purchasers are sometimes late and can go into default--that means you lose monthly income.
If your purchaser does default, you are responsible for foreclosing and reselling the property--this can
result in costly repair and resale expenses.
Interest rates could continue to go up--if your money is tied up in a private contract, you lose the
opportunity to make more money at a higher rate of interest.
GET RID OF POTENTIAL HEADACHES & HASSLES
Eliminate collection hassles--why work for your money when your money can work for you?
Free yourself from paperwork--no more interest reporting or follow-up on hazard insurance and property taxes!
THERE ARE OTHER THINGS YOU MAY WANT TO DO WITH YOUR MONEY
Invest now to earn higher rates of return--remember, when your contract is paid-off, your "investment" is gone.
Payoff those high interest rate bills--why make a low interest rate return on your real estate contract, when
you are paying much higher rates of interest on other bills?
Use the cash for something you've always wanted to do--buy a 2nd home, send your children
or grandchildren to college, or go on that once-in-a-lifetime vacation!