NY State Private Mortgages
 

ADIRONDACK NOTE BUYERS, INC.

763 WESTMORELAND DRIVE

SCHENECTADY NY 12309-4934

 

PRIVATE MORTGAGE SPECIALISTS

Adirondack Note Buyers has been purchasing seller carry back (private mortgages), since 1987. This fifteen year period has allowed us the opportunity to gain the experience, which has provided us with the ability to create solutions to meet the needs of our clients.

 

Selling a property with seller financing ( private mortgage ) may help in making the sale, or making the sale occur faster. This method of financing will provide a payment stream for the seller along with the added concerns of being a lien holder. These concerns may include collections, taxes, delinquency, foreclosure or bankruptcy.

 

You may want to consider the sale of  the mortgage to raise capital, for the following reasons. Investment opportunity to earn more money, finance an education, buy a new home, buy a vacation home, or buy a new car.

   

Our goal is to provide as many options, as possible, for your consideration.

 

The major options are to sell all of the mortgage or part of the mortgage.

 

Option 1: LUMP SUM PURCHASE  Adirondack Note Buyers will provide you with one lump sum payment for the remainder of the mortgage. With this option, we will assume responsibility for the mortgage and you will be free of any obligations.

 

Option 2: PARTIAL PURCHASE Adirondack Note Buyers will purchase a certain number of payments. Upon receipt of these payments, you would have the option of selling your remaining interest to us or you would receive the mortgage back. This option increases your flexibility by receiving a lump sum payment now and still receive payments in the future.

 

One brief consultation will answer all of your questions and provide a thorough explanation of your options.

 

 CONTACTS:

 

NANCY HERRMANN

 

PHONE:

(518) 383-2761

 

1-800-749-4814 ACCESS CODE 97

 

FAX: (518) 373-0659

 

E-MAIL: Nancy

 

BRUCE REISNER

 

PHONE:

(518) 374-5011

 

1-800-640-5613

 

FAX: (518) 374-8309

 

E-MAIL: Bruce