Do you know what a Non-Performing Note Could Cost You?Non-performing note investing is not for the faint at heart. In fact, many note investors get excited about the prospect of buying non-performing notes at pennies on the dollar and they can only think of the upside potential of the note purchase. What really needs to be done is to consider the worst case scenario of being a non-performing note investor and hoping for the best, but planning for the worst.Here are a few things to consider if … [Read more...]
How To Avoid Loosing Wholesale Deals
December 28, 2011 By Leave a Comment
How To Avoid Loosing Wholesale DealsA fellow I know got a great property under contract, found a buyer for his wholesale deal and was looking to make a quick $10,000 on the deal. However, he made a few mistakes along the way which almost cost him the deal and I want to show you how to avoid them.Read the full post here... … [Read more...]
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Short Sales With No Cost to Sellers
Short Sales With No Cost to Sellers I see many agents who advertise that a short sale transaction can be closed at no cost to the seller. When I see those ads, I always look for the fine print (and I do not always see any).When you take a short sale listing, the seller frequently inquires as to what s/he can be expected to pay< (i.e., how much does short sale processing cost). It’s true that frequently the short sale can be concluded with no cost to the seller. But, then there are those … [Read more...]