The note holder got the cash she needed, and we got a safe and secure investment - a real Win-Win.
Brooksville, FL (PRWEB) March 31, 2015
Privately held mortgage notes get bought and sold on a daily basis. One of them was recently sold to a Chicago based private equity firm: DICARO & ASSOCIATES, LLC.
A few years ago, a woman was going through a divorce and needed to settle her divorce by selling her house.
She walked away from the sale of her house with a privately held mortgage. Instead of receiving payments for another 15 years she elected to sell that payment stream to DICARO & ASSOCIATES in exchange for a lump sum of cash today.
“The note holder got the cash she needed, and we got a safe and secure investment. It was a win-win situation for both parties,” says Nicholas di Caro, Founder of DICARO & ASSOCIATES, LLC.
Nicholas di Caro is the Founder and Senior Investment Partner of DICARO & ASSOCIATES, LLC. Based out of their Chicago, Illinois location, they buy, sell, hold, and service privately held mortgage notes, trust deeds, land contracts, and installment sales agreements in all 50 states. They are actively buying performing loans secured by single family residences, mobile homes with land, and commercial properties. They have the ability to buy and sell notes that other companies have denied, in addition to providing creative purchase options that are new to the industry. Additionally, they are a boutique loan servicer willing to accommodate unique requests. They specialize in servicing mortgages and loans from $150,000 and above. Learn more at http://www.nicholasdicaro.com