Summerlin makes prudent purchases, buying existing loans from banks, at a large discount.
Irvine, California (PRWEB) December 09, 2013
“Summerlin Asset Management has secured several large contracts to buy real estate debt directly from regional and national banks”, stated Pete Pakes, CFO at Summerlin Asset Management.
Due to the growing demand from investors, Summerlin Asset Management (SAM) is offering a very enticing 9.5% note rate. The notes come with a collateral assignment agreement and promissory note, issued by Summerlin Asset Management. SAM is able to offer a high interest rate because the company does not have the traditional overhead costs of brick & mortar banks, with tellers and high executive salaries to pay. “Summerlin makes prudent purchases, buying existing loans from banks, at a large discount,” continued Pakes. The news of Summerlin’s 9.5% return on note purchasing comes at a time when banks have decided to add monthly fees to consumer accounts.“
For more information please visit: http://www.buyingnotesfrombanks.com
Summerlin Asset Management strives to provide superior support to all investors. Clients receive live customer service, personal financial consultations, and wealth management services. Summerlin Asset Management is a private real estate 1st trust deed and mortgage note investment company offering a variety of discounted Trust Deed Investment opportunities. We serve clients that are seeking to build a conservative portfolio of passive-income investments secured by real property.
For more information real estate notes please visit: http://www.realestatenoteinvesting.com
Summerlin seeks to generate attractive risk-adjusted returns through investments in collateralized first position mortgages. Our management team executes this strategy by combining a sophisticated valuation analysis, pricing discipline, and professional mortgage workout solutions that benefit the borrower and Summerlin.
For more information on purchasing real estate notes, please contact Shannon Derosby or Adam Pakes at 928-854-7747 or by visiting http://www.investinsam.com