For Immediate Release:
Indian Harbour Beach, United States – May 08, 2010 – credit rating agencies to investment houses, the traditional real estate market has been rocked with questions of who knew what, when they knew it, and whether they told the truth to other institutions and investors alike. Fortunately for DMO Direct Funding’s Doris O’Halloran, her firm deals in far more straightforward real estate transactions in the form of seller-held mortgage notes.
“Some people view seller held mortgage notes as out of the ordinary, but it’s really an outgrowth of the most time-honored business traditions,” said Ms. O’Halloran. The seller and buyer negotiate directly and come to equitable borrowing terms according to the best practices of real estate loan contracts. Seller-funded mortgages, trust deeds and other instruments are held in small pools, not complicated tranches to be split among thousands of investors.
“They’re back to basics investments, easy to understand and administer.”
Ms. O’Halloran’s Indian Harbour Beach, FL mortgage note buyer adds a degree of extra flexibility for lenders in seller-held notes by buying them and converting them into cash flow. Lenders can use the proceeds to take care of major expenses when necessary. To get started, note holders should visit http://www.dmodirectfunding.com/free.html to enter preliminary information about their note.
Whether someone sells an existing note or creates one as an investment, he or she enjoys the advantages of having all of the loan’s pertinent information close at hand, and the experience of being there through every step in creating it. According to DMO, organizational skills and qualified legal advice – not trust in distant institutions – are the ingredients for success.
“We look forward to seeing more people take a direct hand in the market’s recovery through seller funding,” said Ms. O’Halloran.
About DMO Direct Funding:
DMO Direct Funding is a private and commercial mortgage note buyer, as well as a purchaser of land contracts and deeds of trust. Based in Indian Harbour Beach, FL, DMO purchases seller-held notes nationwide. Go to www.dmodirectfunding.com/free.html to request a free-no obligation mortgage note quote.
Contact Information:
Company Name: DMO Direct Funding
URL: www.dmodirectfunding.com/
E-mail: [email protected]
Phone: 321 777 2833
Fax: 321 777 2834
Postal Address:
Street: 218-A E. Eau Gallie Blvd. #110
City: Indian Harbour Beach
State: Florida
Zip Code: FL 32937
Country: United States
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