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Updated over 3 years ago on . Most recent reply

User Stats

71
Posts
31
Votes
Alan Bostick
  • Homeowner
  • Orrville, OH
31
Votes |
71
Posts

PML wants to sell performing note

Alan Bostick
  • Homeowner
  • Orrville, OH
Posted

If a PML wants to sell a single performing note should they just take it to a local bank and offer it for sale? Are there websites they should use for this kind of sale? How long after the note is tendered should the PML Wait to sell? If it is early on in the note would they be able to expect to be able to sell for premium (more than the principal balance) for a faster return on their investment?

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