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.
Since early 2005, I have advised friends, colleagues, and anyone else who would listen not to buy real estate. While I make no claims to uncommon brilliance or being able to foretell the future, I am somewhat of an information junkie. When I looked past all of the happy-talk headlines and examined the real data,
QUICK ECONOMIC SUMMARY OF THE PAST WEEK 22.5% of all U.S. homes (11 million properties) are still underwater (9/13/11 Housing Wire) Mortgage servicers started the foreclosure process on 78,800 properties in August. This is a 33% jump from July, but 18% below last August, just before the robo-signing scandal hit (9/14/11 Housing Wire) The income
ECONOMIC HIGHLIGHTS OVER THE PAST WEEK GDP growth in the second quarter was a measly 1.0%, only slightly better than the 0.4% of the first quarter (August 26 MarketWatch) Consumer confidence plunged but spending was up in July by 0.8% (August 30 Wall St. Journal) The unemployment rate is expected to stay above 8% through
Did you know that regional presidents of the Federal Reserve sometimes say intelligent things with which a common-sense person can agree? It’s true, and more Fed presidents are finally speaking out against at least some of the Fed’s policies. Earlier this week, two Fed governors criticized the Fed announcement that they would keep rock-bottom interest
Over the past 6-12 months, the economies of the West have received more negative attention and experienced more issues than at nearly time in history. The countries being hit in Europe just keep getting bigger, as it started with Iceland, then went to Portugal, Greece, and Ireland, and now is affecting Spain, Italy, and even
As a person who considers himself to be a moderate but a fiscal conservative, I am generally against tax increases. My observations over the years have shown that politicians use higher taxes to cover themselves when they just want to waste more taxpayer money rather than pay for meaningful programs. Nearly every day, you can
Disgusting, sickening, repugnant, and demoralizing are just some of the words that spring to mind when I think about the actions of our politicians. They, together with Wall Street bankers and assorted other miscreants, caused the economic and real estate collapse, yet show no ability or inclination to fix it. A couple of glaring examples
If you have not already read the previous three parts of this article, you can find them here: How to Invest in Real Estate Notes — Part 1 How to Invest in Real Estate Notes — Part 2 How to Invest in Real Estate Notes — Part 3 Now we come to the final stage
If you did not already read parts 1 and 2 of this article, please find them in How to Invest in Real Estate Notes – Part 1 and How to Invest in Real Estate Notes – Part 2, or request copies from the author. The first two sections of this article covered the basics of why
A thinking person would assume that, after experiencing the ravages of the tech boom and then the real estate boom and bust, most people and bureaucrats would shy away from obvious bubbles for a while. Well, the stage is fully set for a major disaster in student loans, brought to you once again by that
