It's important to note that 98% of the online offers to sell or buy notes, mortgages and trust deeds and other financial instruments actually lead directly to brokers, not principals. Experienced investors know this and have long hoped for a way to deal directly with sellers of contracts without having to include the middleman
San Francisco, Calif. (PRWEB) August 10, 2007
New site http://www.eNoteworld.com lets sellers of financial instruments and investors (buyers) deal directly with one another without having to engage an intermediary or broker. Using an eBay-style online auction interface, eNoteworld lets buyers bid for financial instruments of many kinds.
"It's important to note that 98% of the online offers to sell or buy notes, mortgages and trust deeds and other financial instruments actually lead directly to brokers, not principals. Experienced investors know this and have long hoped for a way to deal directly with sellers of contracts without having to include the middleman," Evelyn Wall, Vice President for eNoteworld, said.
Buyers and sellers of financial instruments no longer have to pay commissions, finders fees and the like to brokers and brokerage firms. This savings creates markedly more cash for sellers and important higher yields for buyers.
"On the buyer side, an investor can receive a higher yield on their investment by negotiating a discount with the contract seller. This discount will generate a far greater profit than he or she could get if they bought a financial instrument from an institution," Wall said.
There is a large segment of investors not affiliated with the brokerage community who will pay a higher price for a good investment if they know where to go to find and buy one direct from the seller.
http://www.eNoteworld.com features listings in dozens of popular categories with the top categories being mortgage notes, trust deed notes and 1031 exchanges. The 1031 tax deferred exchange basically lets a seller of investment real estate exchange his or her property for a similar replacement property while deferring capital gains and depreciation. Using this feature, investors legally generate income from money they otherwise would have paid to the IRS.
Most sites that appear similar to http://www.eNoteworld.com take user information and either pass it on to brokers or are brokers themselves, rather than letting buyers and sellers deal directly with one another.
"There are a number of companies that take a fee for the referral to a broker or a kickback from the broker who buys the instrument. The person selling will not receive as much money from a broker as he or she will from a principal, a 'true investor'," Wall said.
eNoteworld.com charges sellers a very small fee to list based on the price of the instrument listed. In every case, listing costs just a few dollars and a small percent when sold.
Go to http://www.eNoteworld.com.
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