Get Around your Mortgage Payout Penalty and Make Money
You are here because you want to sell your property but your payout penalty, also known as a prepayment fee or interest rate differential (IRD) fee is too big – and no one can help you. You have come to the right place. Not only can I help you avoid the payout penalty completely, you will even make money from using our system.
Here is a brief sketch of how this will work:
- After agreeing on a price that works for both us, we take control of your property
- We take over all expenses: mortgage, taxes, condo fees – everything
- We lease your property to a tenant buyer
- You leave the mortgage in place until it has reached maturity – thus avoiding the payout penalty
- Title of the house remains in your name
Benefits
- You completely avoid all payout penalties
- The property will be 100% managed by us
- Title will remain with you
- You save real estate brokerage fees – usually about 5% of purchase price
Everyone’s situation is different so please fill out our Contact Us form explaining your situation or drop us a line at 647-547-7219 and we will be happy to explain how we can help you move on with your life – penalty free and money in your pocket!