If you’re sitting on a property that’s full of valuable minerals, you’re likely curious about how to put your oil royalties up for sale in Texas. There are quite a few intricacies that can complicate the selling process, so it’s important to be fully informed before you make a final decision. To help you out, here are some tips from our team at Enfield Minerals.
Diversify Your Assets
One major reason to sell your mineral rights to us is so you can diversify your wealth. If you’re counting on a single property to bring you wealth, it can be risky – it might be better to sell royalties and invest in a variety of properties instead.
Collect Money Instantly
Another reason you might want to put your oil and gas royalties for sale is so you can collect immediate payment. If you’re trying to put a down payment on a house or vehicle but are short on cash, this can be an excellent way to get extra funds.
Property Control
If you’ve never dealt with mineral rights before, it can be quite complicated because of all the paperwork and various taxes. By selling your royalties, you put the burden of administration on someone else and can collect money without worry.
Consistent Payments
When you’re collecting from your oil and gas royalties, the monthly royalty payments can be quite inconsistent and you might not know how much income you’ll get. By selling the rights instead, you’ll get a lump sum payment and know instantly how much you have to work with.
Improved Technology
Over the past few years, new technologies and processes have been discovered that help us predict the current amount of returns for a property with better precision. This means that you can accurately see how much you can receive from your oil and gas royalties and better weigh your options.
Visit Enfield Minerals to Learn More
If you have any additional questions concerning the sale of your oil and gas royalties, get in contact with our oil and gas mineral rights buyers today. We’re currently focused on oil and gas rights in Texas, Oklahoma, and North Dakota and will be more than happy to go over your various options. Come see us today or schedule an appointment online!