Buying Defaulted Loans in Today’s Market - Some ‘Buying Notes aka Defaulted Mortgages’ Tips

Posted by notebuyingprofits.com under Foreclosure, Videos

Make sure to watch the Buying Defaulted Loans VIDEO below!
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The markets are going crazy and the Dow’s down to 1998 levels (yikes - hopefully you got out before the fall - I told all my family friends to go cash back in February of this year, so we’re doing OK as long as the mattress [...]

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Defaulted Bank Notes - Follow the Depreciation

Posted by notebuyingprofits.com under Foreclosure, Reference

OK, so although the Feds won’t call a spade a spade with the current recession, at least we have some consensus about how bad the picture is in the baddest of the bad states - CA, FL, NV, AZ. It’s bad. (hat tip again CR)
Defaulted paper gets charged off in all states, though, so don’t [...]

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Done Your Taxes? Audit your foreclosure guidelines …

Posted by notebuyingprofits.com under Foreclosure

April 15th, the deadline that sneaks up on everyone - as well as my birthday (Michelle, my wife, keeps reminding me that next year I’m officially “over the hill” - the big 40).
Why not audit your foreclosure process? Get to know it a little better - and if you’re thinking of investing out of state, [...]

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Philly - Risks in the Non-Performing Note World

Posted by notebuyingprofits.com under Foreclosure

If you didn’t hear about the steps the City Council and the Sheriff of the City of Philadelphia took this past week, it’s important to understand what went on:
a) the City Council passed a non-binding resolution issuing a moratorium on foreclosure sales (just the sale action itself, not the act of starting a foreclosure or [...]

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