Non-performing notes-Can this really happen??

[Jasmine Roberts]

Hi everyone,

I keep getting confused re: non-performing notes. Is there ever an option to secure the actual property by purchasing the property at a discount without going through the foreclosure process? In other words, would a bank ever sell a bundle of notes attached to property and transfer deed at closing of the note sale? I've been introduced to a similar situation but it sounds too good to be true. Thoughts??