CP Property Solutions

CP Property Solutions

148 Main Avenue North

(next to the theater)

Twin Falls, ID 83301

208-733-7444208-733-7444/208-358-1270208-358-1270

Wednesday, August 20, 2014

30-Year Fixed Mortgage Rates Hold Steady

The 30-year fixed mortgage rate on Zillow® Mortgages is currently 4.06 percent, down two basis points from this time last week. The 30-year fixed mortgage rate hovered around 4.08 percent for the majority of the week, falling to 3.97 percent on Friday before returning to the current rate.

U.S. mortgage applications rise in latest week

Applications for U.S. home mortgages rose last week as demand for refinancing increased, an industry group said on Wednesday.

The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, rose 1.4 percent in the week ended August 15.

Tuesday, August 19, 2014

Housing starts surge 15.7% in July

Housing starts surged last month, topping a seasonally adjusted annual pace above 1 million for the second time this year.

Construction of new homes rose 15.7% from June to an annual rate of 1.1 million, the Census Bureau said Tuesday. The previous estimate for June also was revised up by 52,000 to 945,000.

CP Property Solutions Note Purchase Options:

Whether you are looking to sell part of your Mortgage Note, Deed, or Land Contract, or if you would like to cash out your Note in its entirety, we have numerous programs that can help you with your immediate cash needs.

  • Full Purchase - The purchase of a Mortgage Note in its entirety
  • Partial Purchase - The purchase of a specified number of future payments
  • Split Payment Purchase - The purchase of a specified monthly amount
  • Mortgage Notes
  • Deeds of Trust
  • Land Contracts

We purchase Mortgage Notes, Deeds of Trust, and Land Contracts. We also purchase mortgages on the following property types:

  • Single Family Residences
  • Multi-Family Units
  • Mobile Homes
  • Condominiums / Townhomes
  • Land (improved and unimproved)
  • Commercial Properties
  • Seller Financed Business Notes

We offer several options if you would like to sell your Business Note payments. These options are designed to meet your immediate and future financial needs.

PURCHASE PARAMETERS OF BUSINESS NOTES

We are very aggressive in the purchase of Business Notes. The following are the basic criteria that we look for in Seller Financed Business Notes.

  • All Business types considered
  • First Lien positions only
  • Personal guarantee of payer
  • 30% down payment by purchaser (smaller down payment in some cases)
  • 3 months of seasoning (less seasoning in some cases)