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Tax Liens & Mortgage Notes

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Bob Malecki#3 Tax Liens & Mortgage Notes Contributor
  • Investor
  • Kingston, WA
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Disappointed with Granite Strategic Investments

Bob Malecki#3 Tax Liens & Mortgage Notes Contributor
  • Investor
  • Kingston, WA
Posted Oct 25 2017, 11:21

Just a heads up, we had a NPL purchase deal with Granite this month with an accepted offer. We waited over 2 weeks for Chaz to get us a missing assignment to complete our due diligence. Just yesterday I was told that "Chaz said the loan is no longer available". This is the second time that we've spend time on DD , getting an offer accepted then Granite pulling the asset/deal out from under us. 

They have become a waste of our time and just want set other folks expectations if you decide to place an offer for an asset from them.  I'm obviously having difficulty with the company's and Chaz Guinn's integrity as a note seller. Buyer beware!

Bob

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