About Peggy Palms

About Peggy Palms

I was an avid Monopoly player from an early age. By 8  years old I was acquiring commercial and residential properties on the board, consistently out-developing my two older brothers.  I also ran a popular lake-front lemonade stand across from our house.  Entrepreneurship has been a part of my life for decades, building several successful businesses, including a law firm, a real estate brokerage, and a residential development company. Combining in traditional education in real estate, law, consumer law and finance with the infamous school of hard knocks, I enjoy bringing a practical, in-the-trenches approach to real estate investing to my clients and students.

  • Help is just a phone call away, so don\'t try to go it alone. For those times when you just need some good, real world advice about your financial matters from someone who has been there, done that, and understands what to do. We can talk a little or a lot, whatever you think is best. 

Peggy Palms, Attorney, Mentor, Broker-in-Charge, REALTOR

Peggy Palms

Enjoying life as an attorney, real estate mentor, author, REALTOR®, and investor, I’ve made my home in the breathtaking mountains of North Carolina since 1994. In my 20+ years of practice as a certified mediator, debt relief attorney, and real estate investment coach, I’ve helped thousands of families through financial crisis, and helped others to build wealth through real estate investing. My real estate brokerage, Mountain Realty, specializes in pre-foreclosure and foreclosure properties, bank owned properties, wholesale investor properties, short sales and the creation of investment mortgage notes. This creates a steady flow of opportunities for investors who are in a position to purchase or wholesale distressed assets.


I’m a member of the North Carolina State Bar, the State Bar of Texas, the Iowa State Bar, the North Carolina Association of REALTORS®, the National Association of REALTORS®, and the High Country Association of REALTORS®. I received certification in Short Sale & Foreclosure Resource (SFR), the only distressed property certification for real estate professionals recognized and endorsed by the National Association of REALTORS®, and am certified as a Short Sale Broker through Advanced Mortgage Education Inc.


My decades of experience in debt, bankruptcy, and foreclosure law give me the tools needed to design creative win-win solutions suited to each buyer and seller. I love counseling fellow attorneys, REALTORS® and real estate investors at all experience levels in the latest acquisition and creative financing techniques. I constantly research new wealth management strategies for my real estate investor clients and have formed alliances with top nationwide experts in retirement planning, tax planning, and asset protection. You might enjoy taking a look at my popular book, The Bankruptcy Solution: How to Eliminate Debt and Rebuild Your Life, available online and in bookstores nationwide.

What Customers Are Saying....

I had honestly given up any hope of working things out with my mortgage company. For over a year I tried to find a way to avoid foreclosure, but the bank kept changing their agreements and otherwise refusing to work with me. I could not even find a Realtor able to help. Purely by accident my father met Peggy and she offered to help. Peggy Palms and her team worked hard for many months to get my house closed on a short sale. She managed to avoid a foreclosure and get me a huge cash settlement from the bank. I am thrilled with the way things worked out!

- Glenda B. West Baden Springs, Indiana

Words cannot express how grateful I am to Peggy Palms and her staff for helping me through a difficult situation. I got caught in the housing crash after buying investment real estate with some partners. When things went bust, Peggy unwound the big mess for me with the bank, got my partners out of the deal, and saved me from a foreclosure on my credit. I was continually impressed with Peggys tenacity and ability to stay focused on the solution after many months of roadblocks and legal challenges. She is ABSOLUTELY amazing

- Don C, Bald Guy Coffee, Blowing Rock NC

The best way to describe Peggy and the team at Mountain Realty is as a Godsend. My wife and I had to leave the Watauga community for Florida and were unable to sale our home with another Realtor. The housing market went down, and I had to take a large pay cut due to the economy. Someone recommended Peggy to us. She went beyond any Realtor I have ever met. During this time, I found out I had cancer. It was such an emotional hardship with everything else. When I advised Peggy of my condition, she told me not to worry about the house because she would take care of it, and she did. I would recommend Peggy to everyone that is looking for property in the high country

- Chuck & Karen E.Tampa Florida

We were going through a nightmare after a Realtor misrepresented the condition when we bought our house. We saw no way out, but Peggy Palms and her staff handled the matter so professionally and held our hand every step of the way. We got our house sold quickly but were concerned about owing a deficiency. Peggy managed to get that removed, so we are now thrilled to be totally free from that debt. I dont think there is any way we could have gotten through this without them, especially Jennifer. They saved our family and allowed us to get back on our feet in record time.

- D. G. Commercial Banker, Asheville, North Carolina

Peggy Palms was a joy and wonderful to work with in selling my home. Being presently located in another state and having to go through the short sale process was a very scary thought. But Peggy made the long process painless and her attention to detail was flawless. Her knowledge of the area is apparent helping know who to contact in the area to get the next steps done. In addition her knowledge of how to navigate through the system of two lending banks took a lot of stress off of my shoulders. I would highly recommend Peggy for any of your real estate needs!!! She is the best in the business in my humble opinion. I consider myself lucky that I have made a new friend in the process as well.

- Kimberly S. Raleigh, North Carolina