Mortgage Buyer Blog http://www.us-mortgage-buyer.com/blog Call Today 1-877-655-5625 Sat, 21 Apr 2012 13:48:18 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 Now performing residential mortgage pool buyers http://www.us-mortgage-buyer.com/blog/?p=418 http://www.us-mortgage-buyer.com/blog/?p=418#comments Sun, 01 Apr 2012 15:20:39 +0000 admin http://www.us-mortgage-buyer.com/blog/?p=418 We are now performing residential mortgage pool buyers as well as non performing residential mortgage pool buyers. We also sell performing residential mortgage pools from time to time. Call to inquire about the residential mortgage pools available. We even have residential mortgage pools you can “cherry pick” from or you can purchase entire residential mortgage pools.

Also, if you have special pools or individual mortgages to sell, we may can help. Give us a call today to discuss your needs. Ask for Ron Stone @ 1-877-655-5625

]]> http://www.us-mortgage-buyer.com/blog/?feed=rss2&p=418 0 Non Performing Commercial Mortgage Pools http://www.us-mortgage-buyer.com/blog/?p=412 http://www.us-mortgage-buyer.com/blog/?p=412#comments Sun, 18 Mar 2012 13:49:54 +0000 admin http://www.us-mortgage-buyer.com/blog/?p=412 We now can assist investors in purchasing non performing commercial mortgage pools as well as large individual non performing commercial mortgages nationwide.

We have a growing database of non performing commercial mortgages for sale by banks or other investors. Many banks are reducing their exposure to commercial mortgages, and in particular non performing commercial mortgages. These non performing commercial mortgage pools move quickly due to a significant demand for these pools. If we don’t have a pool(s) that fits your criteria, we will contact our sellers or seller reps to find exactly what you need. Simply give us a call at 1-877-655-5625 and ask for Ron Stone to get started. We’ll move quickly to locate commercial mortgages that fir your needs.

1-877-655-5625

]]> http://www.us-mortgage-buyer.com/blog/?feed=rss2&p=412 0 Non Performing Commercial Mortgage Buyers http://www.us-mortgage-buyer.com/blog/?p=407 http://www.us-mortgage-buyer.com/blog/?p=407#comments Fri, 02 Mar 2012 21:44:59 +0000 admin http://www.us-mortgage-buyer.com/blog/?p=407 We have joined forces with some large private investors who are non performing commercial mortgage buyers. Our investors have cash to purchase non performing commercial mortgages nationwide so closings can happen in as little as 2 weeks. Our minimum UPB is $10 Million, individual or pools of non performing commercial mortgages.  We also are non performing residential mortgage buyers for pools with an UPB of $5 Million and up. Call your non performing commercial mortgage buyers at 1-877-655-5625. Ask for Ron Stone. Brokers and Commercial Loan Sale Advisers welcome.
]]> http://www.us-mortgage-buyer.com/blog/?feed=rss2&p=407 0 Sell An Upside Down Mortgage http://www.us-mortgage-buyer.com/blog/?p=401 http://www.us-mortgage-buyer.com/blog/?p=401#comments Mon, 27 Feb 2012 21:27:54 +0000 admin http://www.us-mortgage-buyer.com/blog/?p=401 Many note holders don’t realize there are upside down mortgage buyers for both owner financed mortgages as well as bank mortgages. So, you can sell an upside down mortgage. We only buy upside down residential mortgages of $160,000 and up. Selling an upside down mortgage isn’t that different than selling a regular mortgage. The biggest difference in selling an upside down mortgage is that its value is primarily determined by the relationship of the mortgage to the value of the property. If you want to sell an upside down mortgage for a lump sum of cash, give us a call. 1-877-655-5625 Ask for Ron Stone.
]]> http://www.us-mortgage-buyer.com/blog/?feed=rss2&p=401 0 Private Underwater Mortgage Buyers, Do They Exist? http://www.us-mortgage-buyer.com/blog/?p=394 http://www.us-mortgage-buyer.com/blog/?p=394#comments Mon, 06 Feb 2012 18:41:45 +0000 admin http://www.us-mortgage-buyer.com/blog/?p=394 During the heyday of the real estate market, many properties that sold with owner financing now have underwater private mortgages. Holders of these private underwater mortgages looking to turn their private underwater mortgages into cash are having a tough time. Fortunately, we are now a private underwater mortgage buyer. Underwater private mortgages, just like underwater conventional mortgages are handled somewhat differently than private mortgages. The big difference is the value of the property with the underwater mortgage note plays a more important part than for regular mortgage selling by a private underwater mortgage buyer. To see how much cash for an underwater private mortgage note you can get, give us a call today. Ask for Ron. 1-877-655-5625

]]> http://www.us-mortgage-buyer.com/blog/?feed=rss2&p=394 0 Mortgage Note Discounting http://www.us-mortgage-buyer.com/blog/?p=391 http://www.us-mortgage-buyer.com/blog/?p=391#comments Sun, 22 Jan 2012 16:41:31 +0000 admin http://www.us-mortgage-buyer.com/blog/?p=391 Many note holders ask just what the biggest factor is for mortgage buyers in discounting a note. While there can be some extreme cases, the main factors in order of effect on the discount on a note are as follows.

  • Very poor credit or pay history of the borrower. Oftentimes you may not even get a quote from mortgage buyers if this is too bad.
  • A lengthy amortization period.  30 year (or longer, yes I’ve seen a 50 year amortization period) results in a significantly higher discount due to the time period. Think of note discounting as the reverse of compound interest. If you must amortize over 20 years to get the payment acceptable to your buyer, set a balloon date of five to seven years. The balloon date also incents your buyer to ‘get their house in order’ and refinance.
  • Low interest rate. I have sellers all the time tell me that they have a great note when the interest rate is 5% since current conventional mortgage rates are in the 3 percent range. Unfortunately, those are apples and oranges as there was almost always no Underwriting by the seller. Think of owner financed notes as the “new sub-prime loans” for the post collapse of the mortgage and real estate markets.

There you have it, the most important factors for note discounting. If you have any questions about selling a mortgage note, don’t hesitate to call us at 1-877-655-5625. Ask for Ron.

]]> http://www.us-mortgage-buyer.com/blog/?feed=rss2&p=391 0 Do I need to check credit when owner financing http://www.us-mortgage-buyer.com/blog/?p=383 http://www.us-mortgage-buyer.com/blog/?p=383#comments Tue, 10 Jan 2012 20:41:16 +0000 admin http://www.us-mortgage-buyer.com/blog/?p=383 In short, absolutely check credit when owner financing. Unfortunately, I don’t get this question enough and we run across some owner financed borrowers with very poor credit. This could easily make the note unsellable or at the least make the value much less. Even if your buyer doesn’t have great credit, at least you’ll know what you will be up against when considering selling to mortgage buyers. It also could help you in interest rate negotiations. On top of poor credit (known or unknown), many property sellers give their buyer a good interest rate. Even 6% is not much of an incentive for your buyer to improve their credit unless you have a balloon. So check credit of your buyers when owner financing or have them provide you with a recent (less than 30 days old) credit report. You may still sell them your property but it may significantly effect the terms of your note. Good luck. Call us if we can help at 1-877-655-5625. Ask for Ron.

]]> http://www.us-mortgage-buyer.com/blog/?feed=rss2&p=383 0 Commercial Sale Leaseback Programs Expanded By USFS http://www.us-mortgage-buyer.com/blog/?p=362 http://www.us-mortgage-buyer.com/blog/?p=362#comments Sun, 18 Sep 2011 18:09:57 +0000 admin http://www.us-mortgage-buyer.com/blog/?p=362 The commercial sale leaseback programs offered by U.S. Funding Solutions in partnership with Commercial Business Lenders has been expanded with the addition of a Real Estate Investment Company in the southeastern US. The new programs encompass larger properties such as Retail Centers (with anchors in place), Medical office buildings, office and industrial complexes. Demographics needed are 50,000 people in a 3 mile radius. With the addition of this new Real Estate Investment Company’s programs, U.S. Funding Solutions and Commercial Business Lenders has a much broader selection of commercial sale leaseback programs. Sale leaseback programs are a great way for small to mid size businesses to access capital without all the issues associated with traditional commercial real estate loans from a bank. To learn more about these great commercial sale leaseback programs, call 1-877-655-5625 or visit the U.S. Funding website at commercial sale leaseback.
]]> http://www.us-mortgage-buyer.com/blog/?feed=rss2&p=362 0 Now Buyers Of Commercial Non Performing Mortgage Pools http://www.us-mortgage-buyer.com/blog/?p=355 http://www.us-mortgage-buyer.com/blog/?p=355#comments Sun, 18 Sep 2011 14:06:31 +0000 admin http://www.us-mortgage-buyer.com/blog/?p=355 Looking for buyers of non performing commercial mortgage pools? U.S. Funding Solutions in conjunction with Commercial Business Lenders now represent a Hedge Fund who is looking to exchange high quality residential mortgages with non-performing commercial mortgages. This unique asset swap program allows banks to clean up their balance sheet avoiding further deterioration and write downs of their non performing commercial mortgage notes. Many banks are struggling with how to reduce their exposure to non-performing or semi-performing commercial loans. This great program can solve this problem. If you represent a bank looking for non-performing commercial mortgage buyers, we may be able to help. Call us 7 days a week to learn more about this great asset swap program. Ask for Ron Stone. 1-877-655-5625

]]> http://www.us-mortgage-buyer.com/blog/?feed=rss2&p=355 0 Sale Leaseback Programs Now Available With USFS http://www.us-mortgage-buyer.com/blog/?p=350 http://www.us-mortgage-buyer.com/blog/?p=350#comments Wed, 31 Aug 2011 14:42:00 +0000 admin http://www.us-mortgage-buyer.com/blog/?p=350 Sale leaseback programs for commercial real estate are now available through U.S. Funding Solutions, Inc.  These great programs are specifically for the sale leaseback of commercial properties housing franchises in the casual dining and gas/convenience store business. These programs allow the franchise/property owner to free up capital for other needs such as the purchase of additional franchise locations. Sales and leaseback programs are also available for these franchises for the commercial construction and leaseback of these type properties. For more information visit sale leaseback or call Ron Stone at 1-877-655-5625.

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