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Updated about 10 years ago,

Joseph Thompson's profile image
Joseph Thompson's profile image
Joseph Thompson
  • from Camby, Indiana
  • Member since Feb 28, 2014
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Joseph Thompson's profile image
Joseph Thompson's profile image
Joseph Thompson
  • from Camby, Indiana
  • Member since Feb 28, 2014
Connect
Joseph Thompson
  • Camby, IN
0
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5
Posts
Tax Liens & Mortgage Notes

Selling a Promissary Note

Joseph Thompson
  • Camby, IN
Posted

Greetings, I am an investor and have a question.  I have a house that I closed on about a year ago and the buyer and I did a promissory note for the loan.  He made two payments and has stop paying.  Is a note like this worth selling at a discounted price or should I pursue a foreclosure.  Not real familiar with both options, so I am kind of seeking out information right now.

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