As a person who is looking to sell a structured insurance settlement you are a very valuable commodity among people that look to purchase such assets. You may not know it but you have a lot of power and learning how to use that power correctly will ensure that you see a big payday when it’s time to cash out. The position you are in as a seller is much like the position Lebron James is in leading up to the summer of 2010.
I’m pretty sure you know who Lebron James is. He is a star player in the NBA at the forward position and he has been called one of the best players to play the game. His value goes beyond what he can do on the basketball court. He has endorsement deals that sell everything from cereal to athletic footwear and apparel. The summer of 2010 finds Mr. James at the end of his player’s contract with his current team, the Cleveland Cavaliers. At the end of this contract Lebron will become one of the biggest free agents in NBA history and I want to show you how his experience and situation can help you when you sell a structured insurance settlement.
While Lebron James is offering his services to the highest bidder on the open basketball market, you have the opportunity to do the same in the financial industry because you have a very valuable asset to offer as well. The fact that there are dozens of teams vying for him will only make his worth go up and you can use this lesson to make the value of your payment stream go up by taking the needed steps when you do decide to sell a structured insurance settlement.
The reason why Lebron James is going to command such a high price tag is due to the work he has already put in to developing his game. He just didn’t show up on the basketball court demanding to be paid. He has put in years of hard work to get where he is today. He has taken the time to learn his craft at a high level and more importantly he has learned the tendencies of his opponents too. When you are looking to sell a structured insurance settlement you must arm yourself with similar skills and the knowledge that will allow you to command top dollar for your cash flow asset too.
The one thing that will get you top dollar for your asset is speed. The faster you can gather all the documentation pertaining to your case the faster you can see your lump sum. Some companies offer checks in as little as seven days but this all depends on your due diligence and ability to get the buying company the information they need in a timely manner. This is why preparing before you start calling around is so key because being ready before you need to be ready will make your case look more favorable in the eyes of the organization offering you a lump sum when you sell a structured insurance settlement.
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