All Forum Posts by: Tracy Z. Rewey

PERFORMING NOTE FOR SALE

AKRON, OH - 1st Position - ID #57274

Original Note Date 06/29/2011

$33,575.60 UPB @ 10% $323.19/mo

$64,900 BPO March 2019

Purchase Price: $30,215

This is a Contract for Deed Transaction.

To Complete NDA and view transaction details with collateral file (docs, servicing notes, payment history, BPO, title, etc) you can visit https://notesdirect.com/

Please note, this is neither an offer to sell any security or an offer to purchase any security. Nothing in this communication is intended as legal or specific financial or investment advice or intended to address the objectives or needs of specific individuals. If you require legal or specific financial or investment assistance please consult your own attorney, financial planner or Trustee for legal or financial advice.

PERFORMING NOTE FOR SALE

MEMPHIS, TN - 1st Position - ID #58928

Original Note Date 08/10/2001

$41,240.65 UPB @ 8% $336.99/mo

$43,000 BPO June 2019

Purchase Price: $33,195

To Complete NDA and view transaction details with collateral file (docs, servicing notes, payment history, BPO, title, etc) you can visit https://notesdirect.com/

Please note, this is neither an offer to sell any security or an offer to purchase any security. Nothing in this communication is intended as legal or specific financial or investment advice or intended to address the objectives or needs of specific individuals. If you require legal or specific financial or investment assistance please consult your own attorney, financial planner or Trustee for legal or financial advice.

NON-PERFORMING NOTE FOR SALE

CHEEKTOWAGA, NY - 1st Position - ID #59521

Original Note Date 05/07/2009

$92,204.59 UPB @ 9.67% $794/mo

$162,000 BPO April 2019

Purchase Price: $93,290.76

To Complete NDA and view transaction details with collateral file (docs, servicing notes, payment history, BPO, title, etc) you can visit https://notesdirect.com/

Please note, this is neither an offer to sell any security or an offer to purchase any security. Nothing in this communication is intended as legal or specific financial or investment advice or intended to address the objectives or needs of specific individuals. If you require legal or specific financial or investment assistance please consult your own attorney, financial planner or Trustee for legal or financial advice.

PERFORMING NOTE FOR SALE

ONARGA, IL - 1st Position - ID #57007

Original Note Date 04/03/2013

$30,003.28 UPB @ 10% $294.64/mo

$81,111 BPO September 2019

Purchase Price: $27,000

This is a Contract for Deed Transaction.

To Complete NDA and view transaction details with collateral file (docs, servicing notes, payment history, BPO, title, etc) you can visit https://notesdirect.com/

Please note, this is neither an offer to sell any security or an offer to purchase any security. Nothing in this communication is intended as legal or specific financial or investment advice or intended to address the objectives or needs of specific individuals. If you require legal or specific financial or investment assistance please consult your own attorney, financial planner or Trustee for legal or financial advice.

NON-PERFORMING NOTE FOR SALE

LAKELAND, FL - 1st Position - ID #59498

Original Note Date 02/03/2003

$28,057.45 UPB @ 5.83% $418.71/mo

$53,000 BPO May 2019

Purchase Price: $30,172.10

To Complete NDA and view transaction details with collateral file (docs, servicing notes, payment history, BPO, title, etc) you can visit https://notesdirect.com/

Please note, this is neither an offer to sell any security or an offer to purchase any security. Nothing in this communication is intended as legal or specific financial or investment advice or intended to address the objectives or needs of specific individuals. If you require legal or specific financial or investment assistance please consult your own attorney, financial planner or Trustee for legal or financial advice.

PERFORMING NOTE FOR SALE

CAMDEN, NJ - 1st Position - ID #56096

Original Note Date 04/29/2019

$40,862.88 UPB @ 9.9% $355.91/mo

$44,000 BPO May 2018

Purchase Price: $32,705

This is a Contract for Deed Transaction.

To Complete NDA and view transaction details with collateral file (docs, servicing notes, payment history, BPO, title, etc) you can visit https://notesdirect.com/

Please note, this is neither an offer to sell any security or an offer to purchase any security. Nothing in this communication is intended as legal or specific financial or investment advice or intended to address the objectives or needs of specific individuals. If you require legal or specific financial or investment assistance please consult your own attorney, financial planner or Trustee for legal or financial advice.

NON-PERFORMING NOTE FOR SALE

SANDY CREEK, NY - 1st Position - ID #59491

Original Note Date 06/06/2008

$136,207.66 UPB @ 6.25% $849.69/mo

$86,000 BPO July 2019

Purchase Price: $66,783.31

To Complete NDA and view transaction details with collateral file (docs, servicing notes, payment history, BPO, title, etc) you can visit https://notesdirect.com/

Please note, this is neither an offer to sell any security or an offer to purchase any security. Nothing in this communication is intended as legal or specific financial or investment advice or intended to address the objectives or needs of specific individuals. If you require legal or specific financial or investment assistance please consult your own attorney, financial planner or Trustee for legal or financial advice.

PERFORMING NOTE FOR SALE

HUTCHINSON, KS - 1st Position - ID #59271

Original Note Date 11/15/2010

$24,216.02 UPB @ 10% $297.10/mo

$44,600 BPO October 2018

Purchase Price: $21,795

This is a Contract for Deed Transaction.

To Complete NDA and view transaction details with collateral file (docs, servicing notes, payment history, BPO, title, etc) you can visit https://notesdirect.com/

Please note, this is neither an offer to sell any security or an offer to purchase any security. Nothing in this communication is intended as legal or specific financial or investment advice or intended to address the objectives or needs of specific individuals. If you require legal or specific financial or investment assistance please consult your own attorney, financial planner or Trustee for legal or financial advice.

 Hello Cody,  Thanks for your interest. This is the sale of the remaining payments and interest due on a real estate note.  Rather than purchasing the property itself you are purchasing the right to collect the balance due on the debt.  It is like being a bank. The buyer maintains the property and pays expenses like taxes and insurance. If that buyer does not pay then the holder of the note has the right to foreclose and take the property back (like the bank).  Often it is a note and mortgage or note and deed of trust being sold.  In some cases it is a Contract For Deed.  Here are a couple of links to help get you started:

My 21 Tips For Note Investing

Performing Due Diligence With NotesDirect

Feel free to PM me if you have questions.

Thanks, Tracy

PERFORMING NOTE FOR SALE

LAFAYETTE, IN - 1st Position - ID #59510

Original Note Date 03/11/2008

$83,232.69 UPB @ 5% $443.66/mo

$80,000 BPO March 2018

Purchase Price: $70,000

To Complete NDA and view transaction details with collateral file (docs, servicing notes, payment history, BPO, title, etc) you can visit https://notesdirect.com/

Please note, this is neither an offer to sell any security or an offer to purchase any security. Nothing in this communication is intended as legal or specific financial or investment advice or intended to address the objectives or needs of specific individuals. If you require legal or specific financial or investment assistance please consult your own attorney, financial planner or Trustee for legal or financial advice.