How to sell annuities? There are numerous reasons why a person would want to sell their structured settlement annuity payments. The main reason is a large unexpected expense that arises, or a drastic change in the personal financial circumstances of an individual. The purpose of selling the structured settlement annuity is to get a lump sum of cash.
Another reason is that some people are just not satisfied with their settlement payment. Whatever your reason, there is a solution for you. You can sell your annuity for a large cash payment.
There are three options available to you;
-You can sell your entire annuity.
-You can sell also sell a few of your payments.
-You can sell a percentage of your payments.
By selling your structured settlement annuity you can receive the money you need immediately, instead of having to wait for monthly installments. And if you sell a percentage or just a portion of your annuities you can still rely on the security of your future annuity payments.
Another reason is that even though your annuity is a decent amount right now, it may not have the same value in the future. Inflation is a constant economic problem. A $1,000 annuity right now may be a decent amount, but in 10 years the same amount of money will not have the same value. And this is where selling your entire structured settlement annuity may be beneficial. But, if you do not want to lose out on the security and reliability of receiving regular payments, you could just sell a portion of the annuity to receive a lump sum that will help you in an emergency situation.
When you first receive a structured settlement annuity, it may be the perfect plan for you. It may be very financial comforting for a period of time. But, circumstances never stay the same. You could be facing unexpected expenses, or you could be drowning in debts, and the monthly installments may not be sufficient anymore. If you need a lump cash payment then selling your annuity may be the perfect solution for you.
There are plenty of buyers who are interested in purchasing settlement annuities and are able to pay cash for them, so it will not be difficult to find a buyer. The problem is finding a buyer who will offer you the amount that you need.
The only drawback to such a solution is the loss that you will be making. Obviously, you will not receive a full cash payment for the entire value of the annuity. The buyers are not making the purchase out of charity. They need to make a profit too. But, you will be able to find a buyer who will be able to offer you a fair amount for your annuity. Make sure that you get as many quotes as you can before you settle on an offer.
If you need help selling your structured settlement, annuity or lottery payments,
contact us today. We are here to answer your questions and help you obtain the
highest possible price for your payments.
