How to Purchase Non-Performing Notes: Good Brokers are Key
On How to Purchase Non-Performing Notes
Foreclosure
Buying Mortgage Notes-Why Would A Lender of Bank Rep Sell?
I want to share some valuable information with you. Recently I was asked the question below:
Taking Advantage of Short Sales to Avoid Foreclosure
A short sales is one of the tools mortgage lenders use in soft real estate markets to deal with the high tide of foreclosures they’re experiencing today. When a homeowner with a high mortgage balance gets behind on his loan payments, a lender has a decision to make related to how to handle the default. He can either start foreclosure procedure or try to get the homeowner to sell the property and pay off the loan.