Florida NPN Holders Rejoice!
Friday, August 03
While we prefer to buy Non-Performing notes South of the Mason-Dixon line, in non-judicial states, we do like Florida, which is a judicial state. I awoke to find out great news for Non-Performing note owners in Florida. While its not case law yet, the Third District Court of Appeals recently foun...
Loan Mods Are Not Negotiable Instruments & Copies Are Admissible!
Friday, July 13
FYI, the Third District Court of Appeals ruled a Loan Modification is NOT a negoitable instrument, and a duplicate is admissible on July 5th, 2018. A duplicate of a loan modification was originally submitted and it was rejected. Only on appear did the appellate court rule its is not a negotiable...
What States Do We Buy Notes In?
Friday, June 29
Someone just asked me where we like to buy notes, and I thought about it for a moment, and said any Non-Judicial state south of the Mason Dixon line. For those of you who were not taught this in history classes, the Mason Dixon line was the line between free and slave states during our Civil War....
A Tale Of Two Land Contracts
Thursday, May 11
Wanted to report on the interesting outcomes of two seller finance deals we did the middle of 2016 where the outcomes could not be further apart.One was a Non-Performing note in Washington, NC where the owner was deceased, and we had an uncontested foreclosure. The other was a land contract from ...
Can An Investor Request A Credit Report When Buying A Note?
Wednesday, April 26
Can An Investor Request A Credit Report On A Homeowner When Evaluating A Note/Mortgage?I just had another article accepted over @ ezinearticles.com, and this one answers the question, can you run a credit report on a homeowner when doing your due diligence on evaluating the note and their ability...
Distressed Pro Interviews Chris Winkler From Silverwood Capital
Friday, April 21
We were interviewed by Distressed Pro last fall, and I forgot how good the interview is. It covers a lot of ground and goes into some of the pitfalls of note investing that the guru's won't tell you.https://www.distressedpro.com/3-note-investing-case-studies/