Saw the same 2nd NPNs for sale 2 months ago - Curious why

[James Holmes]

Good Evening Everyone,

I have gotten really interested in the note space over the past couple of months. I was going through some of the notes for sale on a reputable site and realized that some of them were the same notes for sale as two months ago when I first looked at the website, which leads me to my question. 

They're all current on their senior mortgage, the FMV provided on the property is well above what the senior UPB is. Their provided credit scores (as of 9 months ago) are decent and there are no reported bankruptcy cases, but they are all located in Connecticut. My question is, why are these notes still listed for sale? From basic due diligence, unless I am missing something, they seem like these would be decent investments. Is there something with CT laws that is deterring people from purchasing these notes? I would imagine if they were a good deal they would have been soaked up; there has to be something I'm missing.

Thanks for giving this a read! Have a great night!

V/r

JT Holmes