subject: Notes For Sale Nationwide [print this page] Notes For Sale Nationwide Notes For Sale Nationwide
Product Description: Non-performing real estate notes for sale. Approx. $63MM unpaid balance recent appraised approx.70% of UPB.400+ of assets nationwide, asking 30-40% of UPB.
Review: Excellent value. The seller is a veteran when it comes to the note business. He buys notes every 30-45 days and sell them pennies to the dollar. Transparent transactions and utilizes a major title company for an efficient close on escrow. Trust and integrity is what keeps him as a major player in the note industry.
A very private person yet pleasant to do business. No non-sense type and as a buyer you must be able to show proof of funds and perform. He will accept single note purchase or you may purchase all of the notes for sale nationwide at once...this is what I like about this guy, he gives everyone a chance to get a piece of the pie. All notes are collateralize with single family residential with an occasional mix of duplex, triplex and four-plex all located throughout the USA.
From my observation, establish a good working relation with him and you could be one of his preferred buyers. He has been in the business for awhile and he can spot the fakes from miles away. Put a plan together, form a syndication but whatever you do keep your dealings honest and perform.
As financing is get to be more and more of a challenge it is entrepreneurs like this man is what fuels the recovery for our nation. As I see it, he is moving the inventory from the banks and making it affordable to others for our nation's housing needs.
