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Updated over 14 years ago, 05/09/2010

User Stats

78
Posts
48
Votes
Rodney Williams
  • Investor
  • Ocala/Belleview, FL
48
Votes |
78
Posts

Whoesaling a Note?

Rodney Williams
  • Investor
  • Ocala/Belleview, FL
Posted

I posted this in the Note Forum 5 hrs ago and no answer. Maybe someone here can help

I was scouting for houses in my target area and called the number posted. After talking to the seller it sounds like they purchased NPNs because he said the closing would be on a Quit Claim Deed leaving me responsible for past due taxes and such. Also he said they had other houses and this one was out of a package.

I want to flip this quick, and can do so even with the past dues I found. I just am not sure if this will work like and normal closing and let my end buyer file Quiet Title or not. Any help appreciated.

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