Updated over 2 years ago on . Most recent reply
Can I ask the bank if i can buy my own note?
Can I buy my own mortgage note from the bank for pennies on the dollar? it can not hurt to ask, right?
Most Popular Reply
Can you imagine the precedence if they allow this?
- I'm responsible to pay a mortgage
- A nonperforming note sells at a higher discount than a performing note
Conclusion, I should stop making mortgage payments to make the note nonperforming, then buy it out from the lender for pennies on the dollar.