If your annuity or structured settlement is promising a future income stream but you need more immediate access to cash, selling your annuity may be the answer. These payment streams are an asset like any other and should be used in the way that best suits your unique needs. If you want to regain control over the money inside your annuity or structured settlement and enjoy the benefits cash now rather than cash later, Annuity Seller can help.
The Present Value, an estimation of what your future payments are worth today, will be determined by an expert appraiser at Annuity Seller. The Present Value of your annuity will be different from the sum of the total payments due in the future, because future growth potential is not considered when calculating Present Value.
The “lag time” between the sale of your annuity and the start of that annuity’s payments will also play an important factor in determining the Present Value of your annuity. Annuities that are scheduled to pay out farther into the future will typically be worth less than those whose payments are due sooner, since it takes longer for the purchaser of your annuity to realize the benefit of that purchase.
The length of time it will take between the initial Sale Application to having cash in your hands will vary on a case-by-case basis. Annuities not associated with a structured settlement may be closed in as little as two to three weeks, while income streams associated with a structured settlement are subject to court approval and typically take at least seventy days to close. The court approval process is for your protection as a seller, and Annuity Seller will work with you to help you reach the most advantageous outcome possible.
As you can see, each annuity or structured settlement sale can quickly become a unique experience for the seller. For that reason, we take pride in working with you every step of the way to make sure you’re both comfortable with the process and receiving the deal you deserve.
Selling your annuity is a great way to get cash now and regain control over your financial destiny. If you’re ready to receive your money, click here to fill out the Sale Application.