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
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