On how to buy notes & researching title:
I hope you enjoyed your turkey on Thursday!
If you are following along in our 8-part Webinar Series on
how to get you jumpstarted to buying your first note
as part of the Private Access Club (PAC) (f.ree 30-day Trial,
hint, hint), here’s an
* * * How-to-Buy-Notes EXERCISE FOR YOU TO REVIEW [...]
Make sure you watch the 7-min How-to-Buy-Defaulted-Mortgages Video below!
It’s a bird, it’s a plane, it’s … Live.
Huh?
It’s Microsoft Live, which, for those of you who have not used it in your how-to-buy-defaulted-mortgages research of ‘looking’ at the properties you are buying notes on, you should.
It is fantastic.
What am I talking about? I’m talking about doing [...]
In short - regardless of the plan that Congress ends up passing, and that Paulson gets to execute, expect significant growth in the volume of non-performing paper that gets traded. Here’s short take on the markets, FYI.
Short Sales are out. Note Buying aka Buying Defaulted Mortgages aka Buying Nonperforming Notes is IN.
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This is a classic and very appropriate question in this day and age.
First, a general caveat … I’m not an attorney, and if you’re asking yourself this question because of a very specific peculiarity or blemish or risk you feel exists on a loan, then check with an attorney first.
That said, here’s an abridged [...]
