It’s no secret: when it comes to selling your structured settlement, a little bit of legwork at the onset could help you make an informed decision as to whether selling all or part of your payments is a good idea.
The secret to getting the best structured settlement buyout offer involves taking the time to understand the selling process. Additionally, you’ll use the information you learned to make rational decisions that will solve your immediate need for cash and safeguard your financial future. Carefully weigh your options—it’s the only way to receive the best structured settlement buyout offer.
How to get the Best Structured Settlement Buyout Offer
1. Learn as much as you can about the selling process.
Regardless of the advertisements you see on late night TV that make it seem like a lump sum of cash is just a phone call away, the structured settlement selling process is much more involved. Your initial step involves soliciting a quote to find out how many payments you need to sell to get the amount of cash you need.
Expect the company to ask you the reason for selling your structured settlement. The money you receive from selling your structured settlement payments must be used to meet present financial needs without jeopardizing you and your family’s future. RSL Funding is committed to helping you through the process from beginning to end, and ensures you get the most money from the sale of your structured settlement.
2. Choose a reputable structured settlement company.
It only makes sense to engage in a large, significant financial transaction with only the best company. Your best structured settlement buyout offer will be made by a reputable company looking out for your best interest. If you have done some digging on a company and found out they’ve filed bankruptcy, laid off a fair amount of employees, or have a slew of poor reviews, you probably want to steer clear of signing any contracts with them. If they can’t manage themselves, how do you expect them to manage your money?
3. Decide how much you need to sell.
You already have a reason you’re selling your structured settlement payments, so surely you know how much money you need to accomplish your goal. If you want the money to put a new roof on your house, get a quote from the contractor. If you’re putting yourself through college, speak with one of the school’s financial advisors. Understanding how much your endeavor is costing you will help you determine if you need to sell all of your future payments or just a fraction. The company that will give you the best structured settlement buyout offer is the one that purchases only what you need, not bully you into unnecessarily selling it all.
4. Be an active participant during the transaction.
One of the best ways to get your cash as soon as possible is to work as hard as your customer service agent. Be on time with providing documents. Never be the reason your case is delayed. Take full responsibility for your actions—this includes reading the fine print and asking for clarification when necessary.
Now that you know how to go about getting the best structured settlement buyout offer, it’s time to contact RSL Funding for a free, accurate quote. Our goal is to make this transaction beneficial for all parties involved. When you’re ready, one of our knowledgeable service representatives will be prepared to walk you through the process from start to finish, answering any questions you may have along the way.
