How to Get the Best Price When You Sell That Structured Settlement
If you are the victim of an accident and you are receiving a structured settlement, you might be considering cash for structured settlements. This means you need to sell a structured settlement and you will need to get the best possible price. You don't have to get shortchanged when it comes to the money you are entitled to receive. Make sure you get the best price by doing a little footwork, making some phone calls and comparing companies to each other.
Get a Recommendation from a Structured Settlement Company
Ask those you know for a recommendation to find a good company. You want to know who your friends and family have worked with and what results they received. Word of mouth is the best way to find a company who will be fair with your money. You could also approach companies you find online, but pair these companies with your word of mouth research to find the top five best companies to approach.
Shop Around
This point is demonstrated in the first point, but it bears mentioning again. Do your homework diligently. Take the word of mouth recommendations and use them to research the company online. Find similar companies online then research what others have said about the company on Google. Simply Google, "reviews of company name". You'll find the good the bad and the ugly on every company you're researching.
Get the Quotes
Call the companies you've placed on your top five list and get quotes from every single one of them. You want to hold on to the companies who give you a quote without trying to haggle you into a sale. The best rates typically fall between eight and fifteen percent. Many of these companies will have calculators to help you figure out payouts and how much you can get if you sell a structured settlement.
Consider, Consider, Consider
Don't take any offers until you have carefully considered each offer. You want the offer to be between the proper percentages and you want the offer to give you the best possible payout. Hold each offer in front of you and look over each of them. Talk them over with trusted friends and family. List the pros and cons of each offer in a list then compare each of these lists to each other. Which offer gives you the most pros? Which offer gives you the most benefit? You will want to accept the offer that gives you the most money you can get with the least amount of drawbacks.
Don't be afraid to sit on the offers for more than a few days. You will have at least a week to consider each offer so don't rush yourself. Weigh each offer carefully before moving forward with a decision. After the decision has been made, wait twenty four hours before taking the offer to make sure extra questions or issues don't suddenly occur to you.
Get a Recommendation from a Structured Settlement Company
Ask those you know for a recommendation to find a good company. You want to know who your friends and family have worked with and what results they received. Word of mouth is the best way to find a company who will be fair with your money. You could also approach companies you find online, but pair these companies with your word of mouth research to find the top five best companies to approach.
Shop Around
This point is demonstrated in the first point, but it bears mentioning again. Do your homework diligently. Take the word of mouth recommendations and use them to research the company online. Find similar companies online then research what others have said about the company on Google. Simply Google, "reviews of company name". You'll find the good the bad and the ugly on every company you're researching.
Get the Quotes
Call the companies you've placed on your top five list and get quotes from every single one of them. You want to hold on to the companies who give you a quote without trying to haggle you into a sale. The best rates typically fall between eight and fifteen percent. Many of these companies will have calculators to help you figure out payouts and how much you can get if you sell a structured settlement.
Consider, Consider, Consider
Don't take any offers until you have carefully considered each offer. You want the offer to be between the proper percentages and you want the offer to give you the best possible payout. Hold each offer in front of you and look over each of them. Talk them over with trusted friends and family. List the pros and cons of each offer in a list then compare each of these lists to each other. Which offer gives you the most pros? Which offer gives you the most benefit? You will want to accept the offer that gives you the most money you can get with the least amount of drawbacks.
Don't be afraid to sit on the offers for more than a few days. You will have at least a week to consider each offer so don't rush yourself. Weigh each offer carefully before moving forward with a decision. After the decision has been made, wait twenty four hours before taking the offer to make sure extra questions or issues don't suddenly occur to you.
