|
HOME
Private Owner
Carry-Back Mortgage Notes
Private Mortgage
Notes, or as they are sometimes known, Owner Carry-Back
Mortgages, are mortgage-backed promissory notes that are the
result of a seller of a single family home, condominium,
multi-family residence or other residential or commercial
building providing some degree of finance to the new buyer of
the dwelling at the time of closing. They can be for the
full amount of the mortgage on the sale (first position notes)
or can be partial (second position notes) behind a traditional
mortgage
lender.
Durling Financial Notes
is a buyer of private mortgage
notes. If you are the holder of a private mortgage note
receiving monthly or quarterly payments and would like a lump
sum of cash for any reason, we can help. As the
owner of a private mortgage note you can.....
ü
receive a lump sum of cash for a
complete sale of your note.
ü
sell a percentage (such as one half) of
your note.
ü
sell a specified number of monthly
payments.
ü
sell your balloon payment (if applicable).
ü
any combination of the above.
No Obligation
Confidential Quote
You can receive a
"no obligation" confidential quote on your private carry-back
mortgage note from Durling Financial Notes by
simply completing our
note request form (Adobe
Acrobat Reader Required) and faxing it to our
underwriters. A representative will
contact you within 24 hours to begin processing your request.
If you have difficulty downloading our forms, you may also
request a quote
by mail or use our
online request forms.
Attention! Real
Estate Professionals and FSBO Sellers.
While owner
carry-back mortgages can often provide the catalyst to
get the deal done, many sellers are reluctant to hold
mortgage paper for lengthy periods of time. Before you
structure your deal, contact us regarding how to make your
private mortgage attractive for resale at a later date if
necessary.
Durling Financial Notes
▪ CONTACT US
Durling Financial Notes
Copyright
DataMax Marketing Systems, Inc. 2008
All rights reserved.
|
