Non-Performing Note Purchase Prices

[Liz Brumer-Smith]

Hey guys,

I'm a NPN investor that buys all over the US. I'm interested in hearing what others are paying for their NPN's. I know some lenders/institutions price it based on UPB (Unpaid Balance) or CMV (Current Market Value). I'm currently finding the asking price of being about 40% - 60% of CMV in most states some lower, some higher. I've found one off's around 15 - 20% of unpaid balance. Is that the same in your market (with the exception of CA, HI, and some areas of TX).