Indian Harbour Beach, FL (PressExposure) January 30, 2009 -- With the American real estate market facing dwindling activity, seller-held mortgage notes are increasingly filling the liquidity gap left by institutions reluctant to approve mortgages or other loans based on real estate collateral. One prime player in the seller-held note market is DMO Direct Funding (www.dmodirectfunding.com), a private mortgage note, land contracts and trust deed buyer.
DMOâs team observes that as private mortgage notes are not directly connected to financial institutions and their recent difficulties theyâve proven to be more viable investments. Real estate owners who use private mortgage notes are affected by prevailing real estate market prices but can tailor payments and borrower qualifications to their needs. Furthermore, it is possible to sell mortgage notes to buyers such as DMO, making seller-held notes ideal investments against unexpected emergencies.
âWeâve found that private mortgage notes can be remarkably robust,â says DMO Direct Funding owner Doris OâHalloran.
DMO Direct Funding has recently added an online quote form to help private note holders decide if they should sell their notes. Anyone interested in selling mortgage notes can visit http://www.dmodirectfunding.com/free.html to request a quote.
About DMO Direct Funding DMO Direct Funding (www.dmodirectfunding.com) 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 http://www.dmodirectfunding.com/free.html to request a free-no obligation mortgage note quote.