113x Unsecured Mortgage Notes - $10.477M UPB
if you are tired of losing bids due to buyers overpaying, this space is less crowded, and the prices are less frothy! You can literally pick these up for pennies on the dollar.
The properties were foreclosed on, and the lien is gone, though the note is valid debt, and still good & collectable, unless they have filed Chapter 7 BKY.
And the ideal way to exit is a judgment, and then you can go after property and garnish wages. There are nationwide firms that will do it for you if you cover cost costs, and split what you get, or work it out 100% for them to cover costs for a higher split.
Collecting on one or two of these will pay for the entire pool. Please make your highest and best bids by Friday the 29th by 5pm central. Cherry picking is allowed.
Here are the numbers:
- Total Loans: 113
- UPB: $10,477,706.12
- Average: $91,909.70
Breakdown by States:
- NY - 86
- FL - 16
- GA - 3
- CT - 2
- NJ - 2
- IL - 1
- MD - 1
- NV - 1
- WA - 1
Questions or interest? Please PM me...