Investors wanted – secure investment with higher than average yield.
WHAT’S MY NOTE WORTH AND WHY SHOULD I SELL?
We represent Delta Mortgage and Funding, a private mortgage investment company. We specialize in buying and selling mortgages held by individuals rather than your traditional lending institutions such as banks or mortgage companies. A private mortgage is created when a home owner sells their home and takes back the note ( also called seller financing or seller carryback financing. Instead of receiving a cash payment the seller receives their payment in monthly installments until the loan is paid in full. In a sense the seller plays the role of the Banker. Owner financing can be a win win situation for all parties involved. The seller establishes a secure income for many years. The buyer gets financing with fewer restrictions and loan requirements, and the Real Estate Agent makes a sale because of flexible terms.