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Tax Liens & Mortgage Notes

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Chatree C.
  • Real Estate Investor
  • San Francisco Bay Area, CA
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66
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What passive investors do when performing notes go bad

Chatree C.
  • Real Estate Investor
  • San Francisco Bay Area, CA
Posted Aug 8 2017, 10:50

Hello Notes forum, I'm new to notes and want to get in starting with performing notes purchase, with the goal of being able to handle non-performing in the near future.

My question is for someone who's just starting passive investment with performing notes, what happens if the note become non-performing? There's a chance it could happen right? Do I need to start learning how to deal with it, talking to attorney, etc… or would note servicing company take care of trying to get the note re-perform?

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