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5 Mistakes People Make When Selling Structured Settlements
By Justin McWhirter

Mistake One: Agreeing to sell to the highest bidder.

Unfortunately, some brokers or structured settlement/annuity sources will make a high offer just to get someone under contract. Then they will start making excuses and reduce the offer. Once you are under contract with a funding source, it is very difficult to back out. Even if you are able to pull out, you will have to start the whole process over again losing valuable time.

Mistake Two: Believing the funding source when they say they can close very quickly.

The time to close is mostly dictated by individual state laws, both the state the insurance company has their home office and the state wh...
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