- Can I Sell My Private Mortgage Notes?

 
    Home |  Site Map |  Useful Links |  Downloads |  Contact Us |  Online Store
Search
Powered by Google
 
 
 
 
 
 
 
  • Bankruptcy
  • Credit
  • Currency Trading
  • Debt Consolidation
  • Debt Relief
  • General
  • Insurance
  • Investing
  • Leases Leasing
  • Loans
  • Mortgage Refinance
  • Personal Finance
  • Real Estate FSBO
  • Real Estate
  • Stocks Mutual Funds
  • Structured Settlements
  • Taxes
  • Wealth Building
  •  
    You are in - Home » Articles » Finance
     

    Can I Sell My Private Mortgage Notes?


    In this country millions of homes are sold every year. In most cases buyers go to a bank or finance company to seek mortgage financing.

    In some cases, 200,000 in the U.S., home buyers rely on the seller rather than a financial institution to provide financing because:

    • The purchaser may not qualify for a traditional mortgage.
    • The purchaser may be a relative looking to save on closing fees.
    • The seller may be interested in having a long-term income stream.

    Often the seller is pressured into providing financing for the purchaser instead of receiving a lump sum. This forces the seller to assume the role of a mortgage company, worrying about servicing and collecting a monthly income stream. A stream, which may or may not be consistent, depends on the payer's ability to meet their monthly obligations.

    Peacock Capital provides an option to note holders nationwide who are ready to sell their homes and use the equity for their own purposes.

    We will purchase 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, "Has my buyer kept up with their insurance payments?" Etc.

    Afra AmirSanjari is the Principal for Peacock Capital. Peacock Capital specializes in solving the cash flow challenges of Small/Medium Businesses, Government Vendors and Individuals with innovative financial solutions by providing a network for securing operating capital.
    http://www.peacockcapital.com
    info@peacockcapital.com

    Article Source - Article Monster.com


     

    Disclaimer

     ^^Top of Page^^

     
     
     
    New tax drive targets rich
    by the Syrian government in a new tax crackdown announced on August 1. Announcing the new tax drive, finance minister Muhammad al-Hussein said the number of high income taxpayers was expected to rise from 408 to 1,400 under the campaign, while the number

    National Archives Annual Report 2004/5
    an integral part of the Department of Arts and Culture (DAC) and that its compliance with the Public Finance Management Act (PFMA) formed part of the DAC?s Annual Report. The National Archives Advisory Council (NAAC) was not a public entity and was

    Smugglers targeted in new crackdown
    by the Syrian government in a new tax crackdown announced on August 1. Announcing the new tax drive, finance minister Muhammad al-Hussein said the number of high income taxpayers was expected to rise from 408 to 1,400 under the campaign, while the number

    Allianz says is in talks to sell Dresdner Bank
    Mueller told HR radio: 'The Commerzbank board would not hold negotiations that it did not think it could finance.' A deal with CDB would retain more jobs but would also likely face some political opposition, analysts say. Unions have said a