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Updated over 8 years ago on . Most recent reply

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Michael Spadoni
  • Investor
  • Oahu, HI
10
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29
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Borrower contact

Michael Spadoni
  • Investor
  • Oahu, HI
Posted
When evaluating a note and you have questions that the borrower can answer, can you directly contact them?

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Dion DePaoli
  • Real Estate Broker
  • Northwest Indiana, IN
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Dion DePaoli
  • Real Estate Broker
  • Northwest Indiana, IN
Replied

Generally a potential buyer of a loan is forbidden from making contact with the borrower until they purchase the loan.  A bidder contacting a borrower can be disruptive and the bidder may not execute the purchase.  

  • Dion DePaoli
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