Wednesday, March 30, 2011

Big Day for the Ruskins

Bill and Gerri closed their note sale today. Congratulations!!  They needed money so they could help their daughter buy a new home. She graduated from college a couple years ago and her job has allowed her to put away a nice bit of savings. Just as a lark she began home shopping without any real intent to buy anything. Lo and Behold she stumbled across an amazing deal on a small house she just absolutely fell in love with. Since her credit was just okay and her savings were not enough to counter with a large enough down payment she decided to ask mom and dad if they might be able to help.

Mon and dad were more than willing to help but didn't quite have enough themselves to make a difference for their daughter to get financed. However they were collecting payments from the sale of their previous home and decided to call a note buyer--PSR Note-Ability--to see if they could sell their note.

Turns out it was a good quality note and we were able to make them an offer that was satisfactory for their needs. As soon as the deal was secure their daughter made an offer on the house--All Cash. The offer was accepted, Mom and Dads mortgage note deal closed today and the house is now in escrow.

Plus Bill and Gerri created a new promissory note between themselves and their daughter for her to make her monthly payments to them. Bill and Gerri actually created better terms than they had on their original note--just in case they want to sell later--so even though it is for a smaller amount they are receiving nearly the same income each month. And their daughter is ecstatic about owning her first home.

This is just the kind of Win/Win--WIN situations we love to create for people wanting or needing to sell a note.

Sunday, March 13, 2011

New Website Offers Great New Information

I've recently updated my new website www.promero.noteoffers.com

If you have any questions regarding buying or selling mortgage notes and trust deeds you must have look.

I've provided very specific information designated to anyone with interest in mortgage notes.
Buyers & Sellers of both Performing and Non Performing Real Estate Notes
Real Estate Investors, Brokers, and Agents
All Financial Professionals

Regarding Residential, Commercial, Multi family, and Business Notes

www.promero.noteoffers.com   Check it out Now