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Updated 24 days ago, 11/04/2024
1 position performing note, typical discount?
Say I have a first position performing note, what is a typical discount I should expect to give when selling?
This example, principle $ 92,xxx, 10 year term at 10 percent interest.
I'd imagine the interest rate plays a large role in what discount is given, along with house value, down payment and credit score of mortgagor.