Did you ever imagine you’d be running a bank when you made the loan? Since then you’ve been collecting payments, dealing with insurance, monitoring taxes, filling out the required paperwork – meeting all sorts of deadlines. Sort of a hassle, right? How much MORE time will you spend on it if your borrower starts missing payments or defaults? Wouldn’t it be nice to be rid of all that?
Right now, your loan is at its highest value, so why not sell it for top dollar? You owe it to yourself and family to explore this option.