Thursday, March 13, 2008

Referral Programs For Real Estate and Financial Professionals

Real Estate Agents or Professionals

Real Estate agents, Mortgage Brokers, Escrow Agents, Real Estate Attorneys, CPA's , Financial Planners and Contractors. Note Brokers Please
see our
Brokers page.

mortgage brokers

We pay you $500 cash for every deal we close on, from any note holder that your referred to us.

We specialize in 1st position mortgage notes, business notes, land notes, annuities, settlements, automobile portfolio notes, accounts receivables and mobile home note and mobile home park notes.

If you have a client or know someone that is receiving payments on a note and needs cash now, we can help. Help your client can get the funds they need in as little as 10 days, with no closing costs or fee..

We offer a no obligation note appraisal by one of our "Certified Note Appraisers".

Simply give your client our contact info and we do the rest. Or if you prefer call
or email their contact information and you can remain anonymous.

One of our primary services is to assist both buyers and sellers of Real Estate achieve their goals by utilizing a variety of financing strategies based on the "Simultaneous Closing" model.

In its most common form a simultaneous closing takes place when a seller him/herself "loans" the buyer a certain percentage of the money the buyer needs to purchase the seller's real estate. Typically this is done when the buyer is not able or willing - for a whole host of reasons - to secure traditional financing for the purchase of the property. The "loan" or "private mortgage" which the seller subsequently owns and can collect regular payments on (from the buyer) is then purchased from the seller by a third party Investor. In this way the seller ends up receiving all the cash for the sale of their property, just as they would have if the buyer had made an all cash purchase of their property.

Basically then there are 2 steps or stages of a Simultaneous Closing:

Using owner financing the seller sells the property: at the closing a Mortgage Note or Deed of Trust is created between the buyer and the seller.

Next, at the same closing, a third party Investor buys the Mortgage Note or Deed of Trust from the seller for a prearranged price.

Simultaneous Closings present the buyer and the seller with a number of benefits. For example, they make it possible for the seller to significantly increase the number of potential buyers for their property. For buyers that are not able to secure traditional forms of financing a Simultaneous Closing might just be the only way they can make such a purchase. Both the seller and the buyer typically benefit by not having to deal with certain lending fees/points or the time constraints that are commonly imposed by conventional lenders.

There are many variation on this Simultaneous Closing strategy as well as many risk elements that need to be properly addressed. Done properly these kinds of transactions can be a win-win for all involved.

Given the current state of the housing market and the increasing demands of lending institutions, the Simultaneous Closing model of financing (in a variety of forms) is sure to become more and more appealing to a growing number of prospective sellers and buyers.


We offer our services in this area in order to facilitate the best possible transaction for all parties involved. From the initial stages of buyer seller education to the most profitable sale of the Mortgage Note or Deed of Trust.

If you are interested in Simultaneous Closings for yourself or your clients, simply Click Here to email us with your basic contact details. We look forward to providing you with a free consultation.

Note requirements:

1. Min $100,000 SFR homes notes , $100,000 on business notes and $25,000
on Mobile Home notes.

2. LTV of 85% or less

3. Min. 6 months on time payments.

We no longer purchase 2nds or do simo closings unless LTV is 70% or less with
strong credit.

All business notes must be secured by Real Estate. We do not purchase
business notes that do not include building/land.

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