Real estate notes
First and second trust deeds, mortgages, seller-financed and owner-carry notes, land contracts and business notes — performing, sub-performing or in default. Full or partial purchase.
Notes we buyBeverly Hills · Established 2014
Private capital for real estate notes, judgments and liens.
We purchase performing and non-performing notes, court judgments and recorded liens for our own account — from $500,000 to $30 million — with a written offer within 24 hours and funding in as soon as ten days.
No fees. No obligation. Nothing made public.
2014
EstablishedA California limited liability company, active and in good standing.
$500K – 30M
Purchase rangeSingle instruments and portfolios of notes, judgments and liens.
24 hrs
Written offerA preliminary offer in writing after we receive your details.
10 days
FundingIn as soon as ten days, wired through escrow or counsel.
Stated as our commitments to you. Every offer is preliminary and subject to due diligence on the documents, the collateral and the obligor.
01 — What we purchase
Three asset classes. One desk.
Most buyers specialize in a single kind of paper. We underwrite notes, judgments and liens under one roof, with one point of contact from first call to funding.
Court judgments
Money judgments against businesses and individuals, in California and sister states. We research the debtor at our expense before we make an offer — and share what we find.
Judgments we buyLiens & instruments
Recorded judgment liens, mechanic's liens, association liens and other secured payment instruments — individually, or as part of a larger portfolio.
Liens we buy02 — How we work
Quiet, direct and in writing.
The people who price your file are the people who close it. There is no committee to wait for and no broker in between.
01
Our own capital
We buy for our own account. There is no fee to you, no listing of your note to third parties and no financing contingency between an accepted offer and a wire.
02
Discretion by default
No public deal board, no automated texting, no marketing lists. Your documents are seen by the people underwriting them and no one else.
03
Certainty of close
A written offer within 24 hours and funding in as soon as ten days. The terms of our offer do not move unless the facts do.
04
Research before the offer
For judgments, we investigate the debtor's assets and circumstances at our expense and report our findings to you — whether or not we buy.
03 — The process
From first call to funding in four steps.
Day 0
Tell us what you hold
A short form or a phone call. Asset type, approximate balance, location and your role are enough to begin.
Within 24 hours
Written offer
A preliminary offer in writing, priced from the terms of the instrument and a desktop review of the collateral or debtor.
Days 2 – 7
Due diligence
Documents, title, valuation and obligor review. We cover our own diligence costs; any exception is stated in the offer.
As soon as day 10
Closing and wire
Purchase agreement, assignment recorded or filed, funds wired through escrow or counsel.
04 — Who we serve
Holders of paper who would rather hold cash.
Attorneys & fiduciaries
Trust and estate counsel, trustees, executors and receivers liquidating instruments for an estate or a client.
Judgment creditors
Litigants and their counsel who won, were never paid, and would prefer a check to a collection file.
Business sellers
Owners who carried back a note on the sale of a company or a property and want the balance now.
Lenders & funds
Private lenders and funds exiting a single loan, a non-performing position or a pool.
Individual holders
Families settling an inheritance, a divorce or a relocation without waiting twenty years for the last payment.
We buy what we understand, at a price we can stand behind — and we put it in writing within a day.
05 — Beyond notes
A direct buyer of California real estate and secured debt.
The firm also acquires income property and secured debt positions for its own portfolio. If you hold an asset, a loan or a situation that needs a decisive, well-capitalized counterparty, we would like to hear about it.
06 — Common questions
Before you call.
Why is the price less than the balance I am owed?
A buyer pays today for money that arrives over years and takes on the risk that it never does. The discount reflects the time value of money and the specific risk of the instrument. Strong payment history, market-rate terms and conservative loan-to-value ratios earn the smallest discounts.
Do I have to sell the whole note?
No. In a partial purchase we buy a set number of upcoming payments; when they have been received, the note returns to you. It is a way to raise a specific amount of cash at a smaller discount.
Does my borrower have to agree?
No. A note is the holder's property and may be assigned without the payor's consent. The payor is simply told where to send future payments; the rate, payment and due dates stay exactly as written.
Are you a broker?
No. We buy for our own account with our own capital. We do not list or market your instrument to third parties, and there is no fee to you.