Welcome to Seascape Capital

Seascape Capital offers free mortgage note quotesIf you prefer cash now to holding a mortgage note or deed of trust note, we have the expertise, integrity, and funds to make it happen. As one of the best known and most respected mortgage note buyers in the country, we are happy to work with you to find a solution that fits YOUR needs when selling your mortgage note.

We can assist you with your note on nearly any type of property:

  Residential

  • Houses
  • Townhouses/Condos
  • 1-4 Family Units
  • Mobile Homes
   Commercial

  • Office
  • Retail Apartment (5+ family units)
  • Industrial
   Vacant Land

Developed Land (utilities like power and water either on the property or up to the property line) of 40 acres or less

Over the past 40 years, creating mortgage notes and deed of trust notes (also known as real estate notes) with owner financing has become an established and accepted practice in real estate. And because of the mortgage note industry, owner financing is an ever more attractive option. You can choose to sell all or only a portion of your mortgage note to a mortgage buyer / trust deed buyer. You may even choose to receive a large sum of money now and receive part of each future payment.


Why Sell Your Note?
There are a variety of good reasons to sell your mortgage note or deed of trust note, including never  again having to worry about:

    • Collecting payments, and keeping track of the principal and interest breakdown
    • Default and foreclosure
    • Federal income tax reporting requirements
    • Fire insurance
    • Destruction or abandonment of the property
    • Bankruptcy of the payer
    • Divorce or death of the payer


    How Much will I Receive For My Real Estate Note?
    The value of your real estate note is determined by several factors, with the most important being:

    • The amount of equity in the property, including down payment and seasoning, as a percent of the property value — the more money that the buyer has paid in, the better the quote that we can give to you.
    • Credit rating of the buyer.
    • Type of property — due to the risk inherent in different note types, notes on single-family houses can usually be quoted higher than notes on commercial buildings, mobile homes, or vacant land
    • The time period of the note, as payments received further out in the future are worth less than payments received sooner.
    • Interest rate on the note
    • Location of the property.
    • 1st lien notes are almost always considered to be more valuable than 2nd lien notes. This is due to there being much higher risk to the holder of a 2nd lien note.

    The Process
    Although each situation is different based on your specific needs, here are the typical steps involved in selling your real estate note:

    1. Contact us and provide essential information about the mortgage note and the property (type of property, sale price, payment amounts, etc.).
    2. We respond within one business day with one or more quotes (depending on whether you desire to sell the full note or only part of it).
    3. If you approve the quote, we do a little more paperwork (don’t worry, it’s a small amount — nothing like buying or selling a house). If there is no recent appraisal or title policy, we arrange for those. You pay no closing costs, fees,    or commissions.
    4. From the time that you provide the documents, it generally takes 2-3 weeks for you to get your money. You can choose to receive the cash via check or wire. That’s it!
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