Tax Liens & Mortgage Notes
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated almost 11 years ago on . Most recent reply

Auction.com, Is this a note?
I was looking at a property on auction.com and was curious about some of the details surrounding it. I noticed part of the description stated " This property will be conveyed vial an Assignment of Interest in Sheriff's Deed and Quit Claim Deed (Michigan) and an Assignment of the Sheriff's Certificate (Minnesota).". Does this sound like it is indeed a note?
I am not extremely familiar with notes, but would still like to go through with acquiring this property. Also I am not sure how it would affect things, but the mortgagor actually passed away recently.
Thoughts?
Most Popular Reply

Wayne Brooks
#1 Foreclosures Contributor
- Real Estate Professional
- West Palm Beach, FL
- 13,509
- Votes |
- 23,418
- Posts
That'll teach you to listen to RE agents.