Many of the articles and posts below about mortgage notes and other promissory notes have been published in the periodicals of various county bar associations, realtor groups, and builder/developer organizations throughout the U.S. Seascape Capital serves as real estate note buyers (private mortgage buyers) and occasionally as a real estate note broker in the purchase of nearly any type of promissory note.
All articles, posts and content on this website are copyrighted by Seascape Capital Inc. and may not be reprinted, duplicated, or used without the company’s written permission.
They’re back! Late night infomercials are once again seeking the gullible to talk about how easy it is to make money in real estate with little risk. The newspaper headlines help them, with announcements of skyrocketing housing prices and values reaching their peak in cities like Denver and Dallas. Savvy investors and mortgage note buyers
Using the word “guessing” is not something that you see among writers and commentators these days. Most of them, using data confirming their theory and ignoring all other facts, state with conviction what will happen next with the general economy, the housing market, or most anything else. After all, the general public doesn’t want wishy-washy
A business note is similar to a real estate note except that the collateral is the actual business rather than real estate. Uh huh, so tell me again, what is a business note? When a business is sold, there are basically three ways to manage the financing. First, the buyer might pay all cash for
Mortgage Note Basics If you have a mortgage, you also have a mortgage note. At Seascape Capital, we understand that the real estate financing process can be confusing and complicated, but we strive to walk you through the process so that you have a more enjoyable and beneficial experience. One of the most common questions
Over the past several years, the U.S. has emerged from the depths of a recession to a full-fledged fake recovery. On the housing side, real estate investors, buyers of mortgage notes, and Wall Street have seen the good ‘ol days return as home prices zoom once again. In earlier articles in this space, I’ve discussed
We’re bubbling over yet again! On the surface, the economy looks reasonably strong with home prices and the stock market soaring, retail sales climbing, and unemployment slowly declining. You and I, as people who like to peek under the media veil, know that the foundation underlying the economy could hardly be weaker. Government spending of
Life changes, often exciting and sometimes challenging, at times can be overwhelming. This is especially true when it comes to financing them. If you have made the decision to or are considering selling a mortgage note, it may feel like it falls under that umbrella of overwhelming, but it doesn’t have to. The very first
Another day, another barrage of news headlines about the wonderful housing market. Home values soared nearly 20% in some markets during 2012 compared to the prior year, inventory is low, foreclosures are down, and flippers are crawling all over each other to outbid competitors on nearly any kind of house. For real estate investors, any
It wasn’t long ago that we celebrated the coming of new year – we watched the ball fall, made some resolutions and some noise, and toasted to 2013. Starting fresh is what the new year is all about. While we do reflect on the past, for example how we capped off 2012 with a tumultuous
The article below appeared in the Wall Street Journal last week and was written by Richard Vedder. While it does not directly impact mortgage buyers or owning real estate notes, it is an interesting commentary about the effect of government handouts. Reprinted with permission. From the mid-17th century to the late 20th century, the American
Although this article does not deal directly with real estate, mortgage notes, or mortgage note buyers, overall economic conditions and state regulations affect all of these areas and more. I share the information below to make the readers aware of what is happening in California and the path that we are heading down. Leading up
Welcome back to our series “Selling a Real Estate Note 101”. If you have been following along, hopefully you have gained a basic understanding of what is a mortgage note, the process of selling your mortgage note, how the value of your note is determined, what to look for in mortgage note buyers, and some
Updated September 2020 Note holders sometimes don’t understand clearly the differences between a mortgage note buyer versus a note broker. More importantly, they are not sure about the advantages of working with each. In this article, each type is described, as well as detailing what to look for in both. Mortgage Note Buyer vs. Note
The following article was written by Simon Black of “Sovereign Man”. During this election season that just ended, it seems especially appropriate. Reprinted with permission. The entire world seems fixated on this belief that it actually matters who becomes the President of the United States anymore… or that one of these two guys is going to ‘fix’
As we explore the topic of how to sell a real estate note, one of the biggest questions every note seller has is What is my note worth? To answer this important question, we will take a look at some of the factors that go into determining the worth of a real estate note, what
The housing market recovery has been in the news a lot lately. The low inventory of homes, rock-bottom interest rates, and renewed confidence of investors has brought prices up in many U.S. markets. In some cities, bidding wars have erupted that allowed houses to be sold for significantly higher than their list prices. A number
Those of you who have been readers of this blog for a while may recall my June 10, 2011 article about the student loan bubble, which included details about the high unemployment rate among recent college graduates and the debacle of defaulted loans to students at for-profit colleges. Have things changed in the last 14
In December of 2010, banking analyst Meredith Whitney predicted a coming wave of defaults by municipalities totaling hundreds of billions of dollars. Her forecast of urgent problems did not come to pass, so municipal bonds recovered during 2011. There have been some bankruptcy filings, including several high-profile ones by three California cities over the past
As our national and global economies continue to be battered by nasty headwinds, it is useful to step back and gauge the place in which our economy rests. Is the economy showing real growth, are we in a full recession, or somewhere in between? In my mind, we can clearly cross out the first option.
Uncertainty rules the land – in the U.S., in Asia, and most especially, throughout Europe. Anyone who has followed government bumbling over the last few years knows national policymakers will continue to make the wrong economic decisions, but we don’t know which wrong policies they will implement. The Fed, which just this week extended “Operation Twist”
