At Cashmere Valley Bank we purchase contracts (including mortgages and deeds of trust) on the following types of property:

• Single Family Residences
  
• Mobile Homes and Land
  
• Multi-Family Residences
  
• Commercial Structures
  
• Developed and undeveloped land (Washington State properties only)
  

Why Should I Sell My Contract?
When you did your seller financing, it was probably the most efficient way to close the transaction and perhaps you didn't need the money at that time. Receiving your payment over the long term met your financial needs. But circumstances change over time. Your new financial goals may include the need for cash. Converting your contract to cash can help you attain your goals. Perhaps you want to, pursue other investment opportunities, start a new business, buy a new home, take a trip, finance a career change, pay off debts, or pay taxes. Or you may simply be tired of the late payments, increased insurance liabilities, IRS reporting, tax problems, foreclosures and other risks that often plague some contract holders.

What Are Some Advantages of Selling My Contract?
Usually a contract is acquired in lieu of the cash actually desired during a real estate sale. If held long enough, many contracts eventually pay off. However, late payments, increased insurance liabilities, IRS reporting, tax problems and foreclosures may soon plague some contract holders. Even when these problems do not arise, many real estate contract holders would really prefer to have cash.

What Is My Contract Worth?
That depends on a lot of factors such as the interest rate, original down payment, remaining term, type of property, location, payment history and how long the contract has been in place. We can supply a no obligation quote subject to property valuation, title report and review of the payment history and other documentation.

How Do I Sell My Contract?
It's as easy as completing and e-mailing the following form.

Or contact Mike Schultz toll free at (866) 664-3820 or fax at 509-663-4270. We provide you with a free, no-obligation quote.