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Updated almost 15 years ago,

Nancy Dito's profile image
Nancy Dito's profile image
Nancy Dito
  • Real Estate Investor
  • from Mission Viejo, California
  • Member since Apr 17, 2009
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User Stats

129
Posts
5
Votes
Nancy Dito's profile image
Nancy Dito's profile image
Nancy Dito
  • Real Estate Investor
  • from Mission Viejo, California
  • Member since Apr 17, 2009
Connect
Nancy Dito
  • Real Estate Investor
  • Mission Viejo, CA
5
Votes |
129
Posts
Tax Liens & Mortgage Notes

non performing notes - what does a buyer need

Nancy Dito
  • Real Estate Investor
  • Mission Viejo, CA
Posted

I just received about 5 non performing notes for sale - they are in the higher $ range. The seller wants the buyer to provide a proof of funds before they are even allowed to get info on the note to complete their due diligence. What would the buyer need so if they wanted to buy the note they would have enough info to do so? These notes are bank owned and are being offered at 50% LTV.

Thanks,
Nancy

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