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

Thursday, July 24, 2014

Jobless claims fall to lowest level since early 2006

The number of Americans filing new claims for unemployment benefits fell to the lowest level in nearly 8-1/2 years last week, suggesting the labor market recovery was gaining traction.

Initial claims for state unemployment benefits declined 19,000 to a seasonally adjusted 284,000 for the week ended July 19, the Labor Department said on Thursday.

Wednesday, July 23, 2014

30-Year Fixed Mortgage Rates Slide Below 4%

The 30-year fixed mortgage rate on Zillow(R) Mortgages is currently 3.97 percent, down eight basis points from this time last week. The 30-year fixed mortgage rate hovered between 3.96 and 4.08 percent for the majority of the week, before settling at the current rate on Tuesday.

"Rates dropped below 4 percent on Thursday amid the uncertainty and turmoil following the MH17 flight disaster and ongoing military activity in the Middle East," said Erin Lantz, vice president of mortgages at Zillow. "This week, despite a fair amount of domestic economic data slated for release, we expect events in the Middle East and Ukraine will continue to put a damper on rates."

U.S. mortgage applications rise in latest week

Applications for U.S. home mortgages rose last week as both purchase and refinancing applications picked up, 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 2.4 percent in the week ended July 18.

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)