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.
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
There is a lot to consider when deciding to sell a real estate note (also called a mortgage note or promissory note). Last week we answered the question What is a mortgage note?. Here we take a look at some of the common reasons why people may want to sell mortgage notes and walk you
The Definition Of A Mortgage Note: A mortgage note (also called a real estate note or promissory note) is a written document that creates a lien by pledging real property as security for a debt. Mortgage notes go hand in hand with the deed of trust note, which transfers ownership of the property from the
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”
Housing continues to get dragged down deeper into the muck with each passing month. Housing starts, sales of existing homes, and home prices are all headed in the same direction – DOWN. This is despite interest rates regularly reaching historical lows and the government (meaning you and me, the taxpayers) underwriting or assuming the credit
