I have people contact me all the time looking for a financial product that can provide them safety and security along with a rate of return that is worth their investment.

There are Annuity owners out there that are ready to sell the legal right to their structured, monthly payments so that they can benefit by receiving a lump sum amount of money instead. They turn to the secondary market to convert these annuities creating a pre owned annuity, which can provide the new buyer/owner of the annuity with a steady stream of future income, as well as a healthy rate of return.
Above average rate of return is one of the major advantages of purchasing a pre owned annuity. You have the ability to acquire these payments at a sizeable discount. Each of the original annuity terms, including the interest rate, scheduled payment dates and payment amount will remain unchanged for the duration of the annuity.

Before the annuity can be bought and sold, the present value of the financial instrument must first be established. The balance of the future payments, the interest rate associated with the annuity and the number of payments that remain are all taken into consideration in order to structure an amicable purchase offer.

The investment is then sold to another party, with everyone benefiting from the transaction. The new owner is able to make a profit from the future payments, while the seller receives the cash they need.