Other companies don't understand the human element of the deal
Houston, TX (PRWEB) March 28, 2014
National Note Buyer and Investment Company DICARO & ASSOCIATES, LLC, was able to use their creativity to bring about a winning situation for all parties concerned, regarding a small mobile home note in Texas. They were able to purchase a note that had been turned down, several times, due to low equity and poor credit.
Dale and Savannah Andrews, of Houston, Texas, found DICARO & ASSOCIATES Website and decided to call. Prior to contacting them, Mr. & Mrs. Andrews tried to sell their note to 2 other companies who never made good on their promises. At the end of the day, both companies that buy notes had placed offers they were unable to keep. By this time, over 90 days had passed and the Andrews were in need of a fast solution. Even though there was a small down payment and the borrowers had poor credit scores, DICARO & ASSOCIATES, was able to buy the next 10 years worth of payments for cash today, and the note holders, Dale and Savannah, were still able to keep the entire balloon payment of $32,000.
Nicholas di Caro, founder of DICARO & ASSOCIATES, LLC, says “Usually, a deal gets turned down because it has poor credit, poor history, or poor collateral. Other companies don't understand the human element of the deal. Consequently, we are buying 2-3 note deals per month that were previously turned down by my competitors.”
Nicholas di Caro is the Senior Investment Partner for DICARO & ASSOCIATES, LLC. Operating in all 50 states from their Chicago, Illinois location, they invest in performing and non-performing real estate notes from $5,000 to $5,000,000. They are actively buying privately held mortgage notes, deeds of trust, and land contracts secured by single family residences, mobile homes with land, and commercial properties. Additionally, they are purchasing billboard ground leases, cell phone tower leases, and windmill leases for cash today. They have the ability to buy notes that other companies have denied, in addition to providing creative purchase options that are new to the industry. Learn more at http://www.nicholasdicaro.com