Seller-Financing options to boost the traditional manufactured housing sales market
August 9, 2004 (Press Release) --
PELHAM, AL (PRWEB) August 6, 2004 -- Merrill Capital LLC, today announced the Introduction of a new solution for the seller-financing market of Mobile Homes and Land, particularly used ones. Due to the current turmoil in the Manufactured Housing Industry, new home sales are down 70% from 5 years ago. The list of traditional lenders available is also drastically shrinking. These factors can cause seller-financing to become a "best choice" for people selling such types of property. Our one of a kind program tells them exactly how to create their loans (borrower credit, down payment, terms of loan etc.) so that it maximizes the loan's value. It allows the seller to carry owner financing, which can be sold simultaneously with the property sale.
About Merrill Capital
Merrill Capital LLC is a nationwide buyer of virtually any type of real estate secured transaction, offering top dollar for the following Residential Real Estate Notes, Commercial Real Estate Notes, Land-Only Notes, Land Contracts, Loan Portfolios, Mobile Home & Land, Structured Settlements, Accounts Receivables, Retail Installments, Medical Receivables and Inheritances
Other offerings include portfolio purchasing program for real estate investors, land developers, builders, mobile home lot developers, condominium developers, property rehabbers, financial institutions and many more.
Additional information about Merrill Capital can be found at http://www.merrillcapital.com
Contact: K. M. Cash
Merrill Capital llc
512 Crosscreek Trail
Pelham, AL 35124
(205) 621-2477
buyer@merrillcapital.com
http://www.merrillcapital.com
About Merrill Capital
Merrill Capital LLC is a nationwide buyer of virtually any type of real estate secured transaction, offering top dollar for the following Residential Real Estate Notes, Commercial Real Estate Notes, Land-Only Notes, Land Contracts, Loan Portfolios, Mobile Home & Land, Structured Settlements, Accounts Receivables, Retail Installments, Medical Receivables and Inheritances
Other offerings include portfolio purchasing program for real estate investors, land developers, builders, mobile home lot developers, condominium developers, property rehabbers, financial institutions and many more.
Additional information about Merrill Capital can be found at http://www.merrillcapital.com
Contact: K. M. Cash
Merrill Capital llc
512 Crosscreek Trail
Pelham, AL 35124
(205) 621-2477
buyer@merrillcapital.com
http://www.merrillcapital.com
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