When You Should Sell Your Mineral Rights

Do you hold mineral rights in The Lone Star State? If so, we encourage you to look over our FAQs about mineral rights in Texas and other areas.

Timing the Sale

We also invite you to contact our team of royalty brokers to learn when you might want to consider selling your mineral rights. While some people will advise you to time the market to ensure you’re selling when prices are at all-time highs, that’s not necessarily practical.

In fact, it’s akin to trying to time the stock market. Even experienced, well-researched investors struggle to time the equities market properly, and the risks are comparable to what you may experience if you try to “time” the sale of your mineral rights.

Reasons to Sell

Enfield Minerals has brokered the sale and acquisition of mineral rights for private individuals and large organizations. Based on our vast experience, people tend to sell their mineral rights in accordance with their current circumstances.

Some people sell their rights to pay off debt, for example. If you have debt with a high rate of interest, it may take you years or even decades to pay off. Depending on the value of your mineral rights, you may be able to sell your rights and use the proceeds to settle your debt and save yourself thousands of dollars in interest payments.

Is one of your kids getting ready to head off to college? To prevent your child from having to take out a student loan, you might want to sell your minerals rights and cover the cost of your young adult’s tuition.

Have you always dreamed of being your own boss? Our founder, Todd Wallerstein, launched Enfield Minerals so we know firsthand how strong the call of entrepreneurship can be. If you want to start your own business but are short on funds, you can sell your mineral rights and use the proceeds to fund your venture.

What are some additional reasons you may want to sell your mineral rights? Here are a few:

·       Helping a family member or friend in need

·       To qualify for Medicaid

·       Simplifying your estate

·       To make a charitable donation

·       Funding a trust

·       To cross everything off your bucket list

The team at Enfield Minerals has specific areas of interest, which include Texas. If you want to sell your mineral rights in Texas or another state, we have a footprint in, give us a call or contact us online to discuss when you might want to sell your rights and how we can help.