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Innovative Strategies
HomeForumsInnovative StrategiesBuy Note on Short Sale?
Sandy Thayer's profile image
Sandy Thayer's profile image
Sandy Thayer
  • Residential Real Estate Agent
  • from Geneva, Illinois
  • Member since May 18, 2010
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Sandy Thayer's profile image
Sandy Thayer's profile image
Sandy Thayer
  • Residential Real Estate Agent
  • from Geneva, Illinois
  • Member since May 18, 2010
Connect
Sandy Thayer
  • Residential Real Estate Agent
  • Geneva, IL
4
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5
Posts
Innovative Strategies

Buy Note on Short Sale?

Sandy Thayer
  • Residential Real Estate Agent
  • Geneva, IL
Posted Aug 11 2010, 23:32

Why would a real estate investor want to buy the mortgage note on a home where the owner cannot make the mortgage payment? At first, the investor wanted to purchase the short sale home to repair and sell. Now, he mentions purchasing the note as a bargaining tool.

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