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Updated over 6 years ago,

George Foster's profile image
George Foster's profile image
George Foster
  • Residential Real Estate Broker
  • from Streamwood, IL
  • Member since Mar 3, 2013
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User Stats

93
Posts
51
Votes
George Foster's profile image
George Foster's profile image
George Foster
  • Residential Real Estate Broker
  • from Streamwood, IL
  • Member since Mar 3, 2013
Connect
George Foster
  • Residential Real Estate Broker
  • Streamwood, IL
51
Votes |
93
Posts
Tax Liens & Mortgage Notes

Purchasing Notes from Wells Fargo

George Foster
  • Residential Real Estate Broker
  • Streamwood, IL
Posted

Does anyone have experience purchasing notes from a bank? I have a situation where the homeowner would like to stay in their home. My thought was for an investor to purchase the note then re-write the note at a payment the homeowner can afford.

Is this line of thinking correct or am I missing something?

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