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Updated about 1 year ago on . Most recent reply
Can you use a promissory note at a foreclosure proceedings
My friend is going through foreclosure. Can you go through the process with submitting an affidavit of your mortgage by also supplying a promissory note?
Can this help the homeowner?
or do you need someone to buy the note before submission?
I am curious about any process other than bankruptcy
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Wayne Brooks
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Wayne Brooks#1 Foreclosures Contributor
#1 Foreclosures Contributor
- Real Estate Professional
- West Palm Beach, FL
@Quiche Lynn not sure what “process” you’re trying to do or what an “affidavit of your mtg” means. Highly unlikely anyone would be able to buy that particular note, and if they could, it wouldn’t necessarily be at a discount.