Granoff Offers Market for People Who Want to Sell Annuity Payments
Posted by Marty Granoff
Davie, Florida (May 31, 2013) – Granoff Enterprises is providing a reliable market for individuals looking to sell annuity payments. As some annuities become redundant, Granoff offers their beneficiaries an avenue by which they can sell some of their investments in exchange for an immediate lump sum amount.
Annuity payment plans are established for the main purpose of having a consistent and modest cash flow for a foreseeable amount of time. This can come in the form of state lottery winnings distributed over a certain number of years, business-related settlements, or disability income payments acquired due to injury.
Since annuities serve as an investment, chances are an annuity holder has established more than one. There are also scenarios in which an individual is already receiving payments from one financially strong source, and then may come into a situation where they end up receiving future monies from another source.
Whichever the case, owners of these annuities may later find some of them to be superfluous and that they would be better off if they got the scheduled payments as a lump sum. They can find value by selling their annuity payments in a secondary market. This allows some of them to essentially curb tax penalties garnered throughout the lengthier pay period and better establish their financial security.
While plenty of firms guarantee the highest selling price possible, some may charge high interest rates in return for securing the sale of the annuities. In the business of purchasing future cash flows for over 20 years, Granoff Enterprises provides sellers with a turnkey solution that can get them the most out of selling their annuities.
The company operates with low overhead costs, allowing them to build substantial savings and offer higher purchase quotes. Combined with their smart business practices, this puts them in the position to give sellers among the best lump sum offers they can find on the market.
Their services include the complete or partial purchase of state lottery and other contest winnings, lawsuit and structured settlements, immediate annuity payments, and more. Aside from transacting with annuity holders, the company also works through third party referral sources such as attorneys, accountants, financial planners, life insurance professionals, and bankers.
To learn more, visit www.GranoffEnterprises.com.
About Granoff Enterprises
Established in 1980, the firm began by raising equity and debt capital business ventures. They later started acquiring real estate notes and eventually offered state lottery winners the ability to convert their winnings into a more immediate lump sum payment. They eventually moved to purchasing other future cash flows and continue to do so today.