Palomar Note Buyers is an active purchaser of Distress SFR Non-performing defaulted notes, throughout the country. We source directly with asset liquidators such as Banks, Lenders, Hedge Funds and other Equity Partners to secure 1st position notes on residential Real Estate.
We specializing in the acquiring distressed assets, specifically, Performing, Re-Performing and Non-Performing Notes secured by residential properties; that best fits our buying criteria. We target assets with a value from $20,000 - $120,000.
Palomar Note Buyers LLC has developed a variety of sources to acquire notes, through extensive networking and relationship building. We strive to maintain a solid ongoing and mutually beneficial relationship with our acquisition partners. We are a privately funded organization working in joint venture or partnership with private investors and private capital.
We target opportunities that have multiply exit options, to secure the desired positive outcome. Part of our criteria is to evaluate an opportunity for all possible exit strategies, including, but not limited to, early payoff workouts with the borrower, loan modification, re-financing, and selling to other investors. But our first priority is to work with the homeowner to work out a solution that keeps them in the home. We rehab homeowner not houses.
For further information and correspondence, please contact our office. For faster response, you may also reach Jeffrey B Wolf at jeff@PalomarNote.com. Mr. Wolf welcomes all inquiries and will respond promptly.
Along with purchasing within own portfolio and Joint Venture Partners, we also represent a Private Equity Firm looking to purchase Portfolios of NPN 1st lien tapes anywhere from 1 million to 45 million in Unpaid Balances.