Public records, register of deeds for a county, deed transfers in a local paper, business papers of sales or transfers, UCC filings, lottery winners, clerk of court for settlements are a few, now that I have given up some of the places keep me in mind as a buyer or broker.
Thanks and good luck
Yes and no,
Yes if the homeowner benefits
This is not legal advise,
but it if it ever comes before a judge, your restructuring changes to your loan must always be in the homeowners favor.
I expect you are buying that loan at a nice discount!.55-.75 cents on the dollar if in first position. which changes your internal rate to a more interesting return.
good luck
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So is it acceptable then to ask a potential end buyer of the NOTE if he is agreeable to double closings or to an assignment. Would I then be considered a note broker and do I need a license to do this type of procedure? These properties are in Nevada. Thank you.
Public records, register of deeds for a county, deed transfers in a local paper, business papers of sales or transfers, UCC filings, lottery winners, clerk of court for settlements are a few, now that I have given up some of the places keep me in mind as a buyer or broker.
Thanks and good luck
bUT THE LENDER IS IN 1ST position so their LTV is lock in (unless the price goes down)
was the85% just an underwritting guideline of that particular bank?
I think so. My broker simply told me that they had an LTV limit of 80% and a CLTV limit of 85%.
Yes and no,
Yes if the homeowner benefits
This is not legal advise,
but it if it ever comes before a judge, your restructuring changes to your loan must always be in the homeowners favor.
I expect you are buying that loan at a nice discount!.55-.75 cents on the dollar if in first position. which changes your internal rate to a more interesting return.
good luck
**Please See My Profile**
assign for a free or do a double close.
So is it acceptable then to ask a potential end buyer of the NOTE if he is agreeable to double closings or to an assignment. Would I then be considered a note broker and do I need a license to do this type of procedure? These properties are in Nevada. Thank you.