We bought a tax lien, then negotiated successfully with the property holder for a payoff.

As a loan holder, what did you wish you knew before you chose your lender?

Does anyone know if recent changes in the New Jersey Statutes include the elimination of DEED-IN-LIEU as a viable option for new mortgage notes, when the note is in default?Thanks in advance

Mortgages I think there will be help there from the holders of the paper. 

However, once that loan is made from the IRA, all transactions are 'arms length' and I as the IRA holder can only provide administrative and investment oversight. 

I have not heard of any deferral for mortgage payments so banks/note holders are still going to want their money.I am scheduled to close on a SFH in ATL next week.

The note broker indicated that the fund didn't want to put their capital at risk right now and were backing out of all of their trades including a $20M one.This one makes a lot of sense, especially, for more conservative holders of paper.

Will the mortgage holders, utility companies, etc. hold me harmless for not paying my bills?

I checked the previous title holder and it looks like it was an REO.

As an escrow holder, the NBP and DCE waivers are interesting, and this form becomes a cancellation form, too?