Real Estate Investing
by Alan Noblitt
January 6, 2012
Any time that a mortgage note holder calls me about selling their note, one of my initial questions to them is regarding the credit score and current employment of the payer (the new owner of the property who is making payments on the note). More often than not, the caller will have little or no [...]
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Real Estate Investing
by Alan Noblitt
December 16, 2011
Yesterday, I was contacted by a person wanting to sell a real estate note with a face value of $9700. That’s right, nine-thousand seven-hundred dollars. The sales price was also $9700, as there was no down payment and no seasoning (payment history). This was supposedly for a house in the Midwest, though at that price, [...]
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