Elite Contract Service is a contract service company whose principal role is to act as a third party between a buyer and a seller when seller financing is involved. We act as an impartial party in collecting payments, amortizing, making, disbursements, holding original documents and following the exact terms of the contract between the two parties.
We provide monthly statements showing all current payments and updated balances, collect reserves for property taxes and insurance, all of which is included in our monthly fee.
Elite Contract Service has been in business since 2016.
Elite Contract Service sends a monthly statement to both parties via email which shows a current update of all balances.
Elite Contract Service automatically sends out a late notice and assesses a late fee if an account becomes delinquent. The seller also receives a copy of this late notice.
What We Include
- 24 hour online account access
- Direct deposit of distributions
- Email notification of payments
- Automatic payment withdrawls
- Make payments online or by phone*