Real Estate Information

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


MORE RESOURCES:
The 24 buildings being offered, including two in L.A., are drawing global investors. The sale is also being criticized for the loss of long-term capital assets in favor of short-term gains.

Efforts to sell 24 state office buildings have drawn lots of interest from potential buyers -- as well as the ire of some former public officials who labored to get them built years ago in the belief that public ownership of the buildings would bring long-term financial benefits to taxpayers.



They seek to punish ex-CEO Bruce Karatz, but also to improve the record of a massive stock-options crackdown that so far has yielded few convictions.

Two months after the federal government's criminal cases against Broadcom Corp.'s top executives collapsed, the U.S. attorney's office is taking aim at another stock-options backdating target: former KB Home chief Bruce Karatz.



Depressed apartment market attracts adventurous investors

It's a cold winter for apartment investors in Los Angeles County: Rents are down, prices have fallen and vacancies are way up.



A gracious old Montecito home, familiar to viewers who regularly watched the opening credits of the late '60s television comedy series "The Ghost & Mrs. Muir," has come on the market.



Newly built in Cheviot Hills



Simple strategies for paying off your mortgage sooner and reducing expenses.

There are dozens of ways to make your housing investment pay off faster and at a greater return. In some cases, a small extra outlay may be required, sometimes every month, but the added expense is often pocket change when compared to the available savings.



Sampras lists Lake Sherwood home for $25 million.

Tennis great Pete Sampras and his wife, actress Bridgette Wilson-Sampras, have listed their newly built compound in Lake Sherwood for $25 million.



Yves Didier has been a strong believer in earthquake insurance since the 1994 Northridge quake, when his apartment building was severely damaged and some of his neighbors lost their lives.



The rate, which has hovered around that mark since September, fell to 4.97% this week from 5.05% last week.

The typical rate offered by lenders on 30-year mortgages slipped back below 5% this week, Freddie Mac said Thursday.



The National Assn. of Realtors index of deals under contract fell to 90.4 from 97.8 in December. It's 12.3% higher than January 2009.

In another sign that the U.S. housing recovery might be on a shaky foundation, the number of homes placed under sales contract fell 7.6% in January, according to a national index.



home | site map
Realty Web Services © 2007 MesaSky Services