Describe The Conditions And Location Associated With This Flow Rate Can I Sell My Private Mortgage Notes?

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Can I Sell My Private Mortgage Notes?

Millions of homes are sold in this country every year. Most buyers go to a bank or finance company to seek home financing.

In some cases, 200,000 in the United States, home buyers rely on the seller instead of a financial institution to provide financing because:

o Buyer may not qualify for a traditional loan.

o The buyer may be a relative who wants to save on closing fees.

o The seller may be interested in having a long-term income stream.

Often the seller is pressured to provide financing to the buyer instead of a lump sum. This forces the seller to assume the role of a mortgage company, worrying about servicing and collecting monthly income. The flow, which may or may not be constant, depends on the ability of the payer to meet his monthly obligations.

Peacock Capital offers an option to note holders across the country who are willing to sell their homes and use the equity for their purposes.

We’ll buy the paper for a one-time payment and collect the monthly check. I don’t worry about “The check is in the mail” Or, “Will they stop paying, and force a foreclosure?” Or, “Is my buyer keeping up with their insurance payments?” ETC.

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