We prefer to own the loan not the home, because we enjoy great cash flow on performing notes without the headaches of owning the property.
Irvine, California (PRWEB) May 23, 2013
In this market, many real estate investors are starting to look at REO & note investments as a new opportunity to earn above market returns as the price of real estate continues to stabilize, according to Jim Stepanian of Summerlin Asset Management. Note investing, is defined as the origination of new, or the purchase of existing real estate secured mortgages and/or trust deeds. Many investors use language such as “Buy Notes” or “Note Investing” because the terms of a mortgage are detailed in the promissory “note”. Now Summerlin Asset Management has a large supply of mortgage notes for sale as they continue to buy large pools at wholesale prices.
Compare your high yield CD, Annuity, Bond, or Stock to the 10-14% average annual return on investment that REO & Note investors yield. The investor's investment is secured by first mortgages with title to the loan vested and recorded in their name.
For more information visit: http://www.safestinvestmentswithhighestreturn.com
Trust Deed Investing is a proven investment concept, but more prevalent in today's economic environment because real estate prices have come down significantly. It's a tested, fundamental investing strategy that allows investors to earn exceptional returns without assuming any unnecessary risk.
Here's what you can expect:
- Security: Keeping investor's money safe is Summerlin's top priority. Trust Deed Investments are recorded in the investor's name.
- Exceptional Returns: Summerlin target's minimum double-digit annualized returns on all mortgage note purchases.
- Passive Income: The investor's payments are deposited electronically directly into their bank account.
- 10-12% predictable income on Summerlin's performing 1st Trust Deeds.
- 14-18% per year on non-performing 1st Trust Deeds.
- Protective Equity: Summerlin only purchases real estate notes with a 65% Investment to Value (ITV) or lower.
There are many similarities between investing in real estate and investing in notes, including evaluating the collateral, and working with title, escrow and insurance companies. The old adage of real estate, “location, location, location” also applies to notes, although it may be more appropriate to say, “collateral, collateral, collateral.” Value the underlying collateral of the investor's note investment as if they will own the property. Jim Stepanian stated, “we prefer to own the loan not the home, because we enjoy great cash flow on performing notes without the headaches of owning the property".
Summerlin Asset Management also has a large supply of non performing defaulted loans it is buying from banks. After the acquisition of the note, Summerlin has a workout solution.
Today, Summerlin Asset Management has contracts with national banks, regional banks, hedge funds, and loan servicing companies across the United States. Therefore, Summerlin has more supply of 1st Trust Deed mortgage notes than most of its competitors.
If you would like more information please visit http://www.investinsam.com
Contact: Shannon Derosby or Adam Pakes at 928-854-7747