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

In downtown Manhattan, new condo developments offer owners both single-house-style privacy and luxe-building-style amenities.

Where others saw a ruin, the buyer of a house in Millburn — a former contractor — perceived buried charm.

A gated community on Coney Island surrounded by sandy beaches, Sea Gate has a suburban feel.

Two longtime loftmates appeared to be going their separate ways, but the hunt for new apartments landed them in the same building in Williamsburg.

In the weak economy, more buyers are being asked to shoulder the so-called flip tax.

West End Avenue and vicinity was once a stronghold of town houses. Three of the now-rare breed bear distinctive traces of the attentions of recent owners.

At River Pointe, a community in Manchester, N.J., solar technology that earns energy credits is a standard feature in each house.

Questions for a principal of the law firm Proskauer Rose and a co-chairman of the firm’s real estate division.

The wealthy and celebrities often buy property under limited liability companies, often with whimsical names.

Once a grand mansion steps from Central Park, it had fallen into disrepair. Now it is for sale for $8.95 million.

One in eight homeowners had household debt exceeding half the monthly income in 2008, a recent report says.

A parking space that comes with the lease; a condo building with no emergency reserve fund; a landlord’s liability in a burglary; dealing with fees on security deposits.

An art collector builds a nontraditional house in an Alpine village where life hasn’t changed that much in decades.

On Lake Waramaug, a converted boathouse has a stone foundation, a wraparound deck and direct access to the water.

A one-bedroom condo in Philadelphia, a three-bedroom bungalow in Tennessee and a two-bedroom house in Wisconsin.

A half-dozen buildings on Second Avenue will house ventilation equipment, disperse smoke and allow for evacuation from subway tunnels in emergencies.

Real estate investigation, a big business in a borough like Manhattan with plenty of rent-regulated apartments ripe for exploitation, has picked up in the past year.

Developers in Midtown are refurbishing older buildings, using tax credits and public financing, as much as they are building from scratch.

In today’s market, some New York brokers say they have never encountered so many demands from their clients, or so much hostility.

The actor Liam Neeson sold his two-bedroom apartment on Central Park West for $1.35 million.

Many economists believe that the days of banking on an asset that could only rise in value are gone for good.