We pay top dollar for owner financed notes!
1.800.969.1200 x700
What is a portfolio?
A portfolio is simply a group of individual loans or liens where a
variety of people are making payments for the individual property they
purchased. We generally consider a portfolio to be a group or pool of
loans numbering ten or more.
What types of portfolios does Colonial purchase?
We buy any size of portfolio that secures payment for the following
types of debt:
- Single Family Homes
- Mobile Homes and Land
- Raw Land
- Residential or Mobile Home Lots
- Multi-Family
- Commercial
- Seller Financed Contracts, Mortgages, or Trust Deeds
- Mechanic & Materialman's Liens
- Home Improvement Loans
- Rehabilitated Property
- Delinquent Debt
What does Colonial need to provide a quote on a portfolio?
We first like to review basic information on the make-up of the portfolio.
This includes the purpose of the liens, type of collateral and documents,
amount of seasoning, payment history, credit rating of the payers, size
and financial statistics of the portfolio. To assist you in gathering
this information we have supplied a sample
credit memo and spreadsheet
(Excel format) for your reference or you may contact us directly for
assistance.
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Testimonials
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"Although I have had a lot
of experiences with many people buying notes, Colonial is the only
company I would deal with today."
--dwayne m., texas
develops 1000 lots/yr
"I shopped hard on the net
for a buyer for my note. Colonial earned my business by being responsive
and knowing what they were doing - all at the best price."
--jerry t., colorado
Let us show you what all the fuss
is about - top dollar, no-hassle quotes from Colonial, a nationwide note buyer!
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Free Book!
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| Streetwise Seller Financing,
the new book by W. Eddie Speed is now available. This is a complete
guide to owner financing, walking you through everything from underwriting
and creating the note to legal and servicing issues. This 96 page
manual is available for purchase
or you may download
a free copy here! |
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| Contact us today for your free
quote! |
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