Are you searching for an easy way to get a lump sum of cash for annuity payment agreements?
To obtain the large sum of money you need to pay off high interest debts, pay off your mortgage, cover sudden, unexpected medical bills or to help a friend or family member in financial trouble.
You are exchanging the future income from your annuity for the benefit of fast cash. There are downsides, which your financial advisor or annuity broker will inform you of before you make the decision to sell.
You can sell off as much as you need. If half of your annuity will settle things up and get you back on track, then only sell half.
If you have already cashed out a part of your annuity, that is not a problem either. We will work with you, discuss all of your options and help you find the solution best suited to your needs.
Yes. Many people selling annuities do it just for that reason. A house can be a great investment, especially if you plan to rent it out.
Many times the rent you receive is more than what your annuity payments will be. Plus, rental income starts immediately, so you don't have to wait until you retire to see a return on your investment.
If you are not ready to cash out your annuity, but need cash, you can use your annuity as collateral.
This is not a recommended option as the interest on the loan is usually more than the interest you get on your annuity, meaning you will lose more money than if you cash out the amount you need.
For more information on getting cash for annuity payments or to get a free, no obligation quote, contact Direct Settlement today. We specialize in helping people just like you, in plain English, without jargon or scary legal terms.
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How can you Sell Your Settlements?
You can also cash in Annuities