We will ask you to provide information about the note and the property, as well as request a copy of the note. If the price is acceptable to you, we begin our due diligence process. We pay for all the expenses, so the price is net to you!
Hello, my name is Alan Noblitt. Seascape Capital was started in 2002 by me, and followed an earlier career in finance and marketing working for a technology company. That, along with my experience in real estate, helps to put me in a good position to help note holders.
Note holders call me for a variety of reasons, but most of them come down to one of three broad areas. First, they have some expense or debt hanging over their head that they would really like to get rid of, and the cash from selling the note would help in that regard. Second, they are either tired of holding the note or did not realize the complexities of holding a note when it came to managing late payments, making sure that insurance is current, etc. Third, getting the cash out of the note would help with a great investment opportunity or starting a new business.
Whatever the need, I am here to listen and to help. I like to think that I am one of the few note buyers in the industry with the integrity, experience, and knowledge to help almost anyone.
Owner financing is often used in North Carolina to sell houses, commercial properties, and other property types without the need for banks. When a house or building sale is structured this way, a mortgage note is created to show the payment terms. Whether or not you think that you might eventually sell the note to one of a variety of North Carolina note buying companies, consider these items when structuring the note:
The whole transaction was smooth and easy. Alan helped me through each step and answered all of my questions. If I had another RE note I would use them again.
I recently completed a transaction with Seascape Capital and was completely pleased with the service and outcome. Mr. Noblitt was professional, friendly and honest every step of the way. I would most certainly…
I found seascape capital doing a search for mortgage note buyers and after getting numerous offers from other companies I decided on seascape capital. Alan contacted me quickly and was able to put together an…
All notes are different and therefore carry with them a different level of safety versus risk. A note buyer like Seascape Capital is going to want to understand in detail the property and the note. To make your note marketable and to get the highest price possible, try to do these things when creating the note:
The transaction has been completed and the buyer has made several payments. You have decided that you would like to see your note and are wondering what happens next.
