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Updated about 7 years ago,
How to sell a non performing note
I invested in nonperforming note a year ago and would like to sell it. The investment was structured as a contract between myself, the investor and the note buyer, who was supposed to either get the note performing or foreclose. He's done neither over the year and is charging me service fees... Plus he claims he's having trouble selling it and that I should try myself to find a buyer. Uggh. Anyway, if I could get the note performing myself I would but I'd rather just sell it and move on. Is there a market for individual note sales that I could list this on?