Land Contract
Buying Land Contracts, Notes, Mortgages and Pools
We are in the note buying business and business has been brisk! In just the last week, we have been contacted by sellers of large pools in mortgages and notes.
Here is a Small example of recent inquires of pool investing. Friday…1.6mm pool, Monday 11.3mm pool, Tuesady…8.7mm pool, Tuesday PM 25mm pool, Wednesday 1.8mm pool.
Not a bad days or week worth of business. What is our success? We are professional buyers of mortgage backed securities, not a note broker, who is charging outrageous fees for a quick buck.
While we do charge fees, our fees generally only run .05-1% to purchase large pools of loans. They are typical closing costs, but these are small as well.
Individual notes and mortgages are subject to higher fees due to the fact that they require much more work and hand holding.
Need fast closings? No problem, we can accommodate most situations. For individual notes or large pools of notes and mortgages, visit our website: www.monaviewholdings.com
About the Author
Brent Vanderstelt is co-owner of Mona View Holdings LLC, real estate, foreclosures, development and note buyers and Everything Real Estate in West Michigan Blog and several other businesses.