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Can I Sell My Private Mortgage Notes?
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| Thursday, December 18, 2008 |
In this country, millions of homes are sold each year. In most cases, buyers go to a bank or finance company to seek mortgage financing.
In some cases, 200,000 in the United States, buyers rely on the seller rather than a financial institution to provide financing because:
? The buyer May not qualify for a traditional mortgage. ? The buyer May be a parent seeking to save on closing costs. ? The seller May be interested in having a long-term revenue streams.
Often, the seller is under pressure financing for the buyer instead of receiving a lump sum. This forces the seller to assume the role of a mortgage company, worry about maintenance and perception of a stream of monthly income. A stream, which in May or May not be compatible, depends on the ability of the payer to meet their monthly obligations.
Peacock Capital offers an option to note holders nationwide who are willing to sell their house and use the equity for their own purposes.
We will buy the note for a lump sum and collect the monthly checks. No more worrying about the "Check is in the mail" or "Will they stop paying, forcing a foreclosure?" Or "In my view buyer of their insurance payments?" Etc
AmirSanjari Afra is the main capital of Peacock. Peacock Capital specializes in solving the problems of cash flows of small and medium-sized businesses, government and suppliers of people to innovative financial solutions by providing a network to secure the capital. http://www.peacockcapital.com info@peacockcapital.com |
posted by neptunus @ 10:50 PM
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