Purchasing Mortgage Notes At A Discount

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A lot of people go after short sales but I understand that financial institutions will sell the actual note (not the property) at a discount and they prefer this method. Can someone tell me how one goes about purchasing the note? Are you contacting a Loss Mitigator or someone else in another unit? What do you ask them when you want to purchase the note at a discount? Any information would be helpful. I understand that Donna Bauer sells a program for about $599. I do not have that kind of money right now.

Comments(0)

  • SolutionsKid29th September, 2003
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    Reply

    Yeah, Donna does and I have taken her class.

    Private Message me or email me (under profile) and I will see what I can come up with. I haven't done it yet on the discounting side, but I have been itching to read the stuff I paid $599 for


    The Solutions Kid
    [addsig]

  • InJaxIam30th September, 2003
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    Reply

    Ouch, that is expensive.

    I just spent $14.95 to become a certified broker associate. Granted, I'm not investing notes --- not yet, only referring them to a financial company on a commission basis.

    Does this Donna person have any cheaper material available?


    Quote:
    On 2003-09-29 18:49, SolutionsKid wrote:
    Yeah, Donna does and I have taken her class.

    Private Message me or email me (under profile) and I will see what I can come up with. I haven't done it yet on the discounting side, but I have been itching to read the stuff I paid $599 for <IMG SRC="images/forum/smilies/icon_wink.gif">


    The Solutions Kid

  • smr1sun6th October, 2003
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    Reply

    Looking to get started in the note business? Need a mentor? Need access to note buyers? Private message me and get started.

    Mark

  • InJaxIam6th October, 2003
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    Reply

    Hi, Mark,

    Hey, neighbor, I'm not sure if the post was to me, but I'm responding to it anyway. Yes, Yes, and Yes, I'm so ready! My work e-mail address is ****Must Reach Senior Investor status before posting URL's***s@bcbsfl.com.

    Quote:
    On 2003-10-06 09:23, smr1sun wrote:
    Looking to get started in the note business? Need a mentor? Need access to note buyers? Private message me and get started.

    Mark

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