Great
Pricing - Call
and Get Quotes From Other Private Mortgage Buyers and Then
Call Us. For Mortgage Notes That Fit Our Portfolio, We Nearly
Always Offer A Much Higher Price
1-877-655-5625
Ask
For Ron Stone
Our company is a private
mortgage note buyer. Webuy residential
and commercial notes, trust deeds and land contracts. We can
provide you with a lump sum cash purchase when you're ready
to sell your private mortgage(Closings
in as little as 2 weeks) or or a partial purchase
of a private mortgage note you hold. This immediate infusion
of cash when you sell a private mortgage can allow you to:
Pay for college tuition
Take advantage of a lucrative business or investment opportunity
Purchase a new home
Pay off debt
Estate planning & distributions
Or simply to remove the risks and hassles of holding
a mortgage note
“Not only
was Ron’s initial quote considerably higher than other
quotes I received, he took the time to fully understand my
situation as well as explain the process of note pricing and
selling. He then proceeded to do exactly what he said he would
do, despite quite a few complications (not his fault) that
arose. Ron earned my trust, which isn’t easy to do.
I would use him again even if his quote was lower than others.
Great friendly service and he’s easy to work with.”
Jim S., Bloomingdale, GA
Great
Pricing - Call
and Get Quotes From Other Private Mortgage Note Buyers and
Then Call Us. For Mortgage Notes That Fit Our Portfolio, We
Nearly Always Offer A Much Higher Price
1-877-655-5625
OR
For
An Online Mortgage Quote Request Click The Link Below
As a Mortgage Note Buyer,
we will consider the purchase of a private mortgage
note or private morgage on most all residential
and commercial properties. A list of types of properties is
just below.
Announcement:
We now are underwater private mortgage note buyers. So if
you need to sell a private underwater mortgage note, give
us a call for a quote.
Following
is a partial list (Call if you want to sell your private
mortgage that is not on this list) - Non-Seasoned mortgage
notes (in some states), Partial Note Purchases, commercial
notes, commercial mortgages- Don't hesitate to call if you
need to sell your mortgage note or trust deed that is not
on this list.
Single family residences, Duplexes, Condos, Town Homes, Apartment
Buildings, Commercial Buildings, Land (either improved or
unimproved, meaning no utilities), and Mobile Homes with Land.
Sorry but we Do Not purchase notes on Mobile Homes without
land.
FAQ's - Sell Private
Mortgage Note
1. What are the
advantages of selling an owner financed mortgage?
- The two biggest advantages are a) Accessing the cash now
for critical investments or expenses and b) Eliminating the
hassles of managing the borrower's payments and reporting.
2. What are the
criteria for how much I will receive if I sell private mortgage?
There are 4 main factors. They are: Equity in the property,
seasoning on the note, the interest ate on the note and lastly
the credit of the borrower.
3. Will an appraisal
be necessary when Selling a Private Mortgage?
Yes.
4. Will you need
to check the buyers credit? Yes, it is a very important factor
indetermining the lump sum payment when you sell an
owner financed mortgage note.
5. How long does
it typically take to receive my lump sum payment for my owner
financed mortgage note? Typically 1 to 2 business days after
you sign the final documents.
6. Are you a
buyer of mobile home mortgages on mobile homes? Yes, if they
include the land.
7. Can I sell
an underwater mortgage? Yes. You can sell a private
underwater mortgage. Call for details on selling your
underwater mortgage as selling underwater private
mortgages are handled differently.
8. Are you
commercial mortgage note buyers? Yes.
9. What if I
don't know the credit of the borrower that I gave an owner
financed morgage? We will quote you an estimated lump sum
settlement based on your best guess and adjust (up or down)
the final payment after credit is pulled.
10. Can I Sell a Contract for Deed?
Yes
11. Are you also trust deed buyers?
Yes. We will be glad to work with you is you want to sell
a deed.
12. I would like to sell private mortgage payments
for some extra cash but am afraid of loosing all the monthly
income? Not to worry. We can make a partial purchase of your
private note for just the amount you need.
13. What is the minimum mortgage size you will
buy? $25,000 for Firsts and $5,000 for Seconds.
14. Can I sell private mortgage on
my condo notes? Yes.
16. Can I call if I only have questions about
selling my mortgage?
Absolutely. We are here for you. Check out our Private Mortgage
Holder Hints page for our suggestions (Free of charge) on
managing owner
financed notes.
17. We are available 7 days a week for questions
18. Are you second mortgage buyers?
Yes, if the situation looks right.
Breaking News: Mortgage giant reports $25 Billion
loss in latest quarter. For more information click on Mortgage
Giant Loss
Great
Pricing - Call and Get Quotes
From Other Mortgage Note Buyers and Then Call Us. For Mortgage
Notes That Fit Our Portfolio, We Nearly Always Offer A Much
Higher Price
1-877-655-5625
OR
For
An Online Mortgage Quote Request Click The Link Below
FAQ's
- Assisting Home Sellers in Making a Fast Sale of their Home
1. How would
your service help me sell my home fast? By allowing you to
offer "owner Financing" where we buy the mortgage
note at the same time you close on your home, you increase
the number of prospective buyers exponentially. This allows
you to a.) Get top dollar for your home without any real estate
commissions, b) Eliminate any price cuts to buyers taking
advantage of your eagerness to sell and c) Eliminate any credit
toward closing costs, so common today.
2. How do I structure
a private owner financed mortgage note? We will assist you
in tructuring the private mortgage so you get the best price
when you sell a mortgage.
3. If I sell
my note at closing, won't that cost me a lot of money? Before
I answer this question, allow me to ask a question. How much
will it cost you if you a) Have to pay real estate commissions,
cut the price to a perfect credit buyer, give the buyer a
credit toward their closing costs and have to pay in interest,
taxes, utilities and insurance during a long drawn out selling
period? As you can see, selling your home in this horrible
real estate market "the old fashioned way" is quite
expensive, not to mention the stress and strain on you and
your family.
4. What if my
current mortgage is equal to or greater than the value of
my home? Unless you have cash to supplement the sale or get
approval from your current mortgage holder for what is called
a "short sale" (the mortgage co. accepts less than
a full payoff), our service is probably not a fit for your
situation.
5. Can utilizing
your service really help me sell my home in 30 days or less?
Yes. Advertising "Owner Financing Available" will
result in a) A significant increase in hungry home buyers
that are not very price sensitive, b) A process you control
and not a bunch of real estate agents and c) No long drawn
out mortgage underwriting process (sometimes multiple applications
and prospects). These factors should help you sell your home
fast or at least significantly faster than the way most home
sellers sell their home including competing homes in your
area. News Item 03/01/09:
New Home Sales at All Time Low. For more click on Home
Sales
