Union Investment, a top shareholder in the bank, was among the protesters at the annual meeting on Friday, and was quoted as saying, “The share price performance is a tragedy, a lot of investor confidence has been lost; the capital raisings do not make it better.”Top management has also come under extreme fire for this as well for the bank’s high litigation costs, referring to 5 billion Euros paid out over the last 5 years in settlements and litigation-related costs.

Buyer agrees to use best efforts to pay off existing loans that are in sellers name within five years of close of escrow.)Protection for the sellerBuyer will execute a quitclaim deed back to the seller, which is held in escrow unrecordedHow to protect the buyer in the chain of title and potential future creditors of the seller.For the buyers protection a lien of some percentage (I like to see at least 20%) of the purchase price in favor of the buyer executed by the seller will be recorded a "Sellers Performance Deed of Trust" The buyer will appear to be a juniors lender for public record purposes.The seller is protectedFor the sellers protection a reconveyance of said deed shall be executed by the buyer, which would be recorded in the event of a default upon request of the seller, which remains uncured for sixty (60) days upon written notice of default, has been mailed to the buyerThis would allow the management company to unilaterally remove buyers cloud on the title by using the pre-signed reconveyance if the default was not cured as outlined.You might be interested 1.

I am looking to buy some non-performing commercial notes.

I don't know CO foreclosure proceedings, but part of this also falls under Dodd-Frank and if your notes are owner occupied servicing requirements apply regardless of the status of the loan, performing or DOA.

Smart guy with a polished performance.

They were non-cooperative and I ended up evicting them both, one at a time, and performing the renovations (and paying lawyers fees) out of my pocket, not the imagined cashflow..

WHY would a seller hand over an almost 1 million asset that is performing to someone with no down payment money or experience??

We have contracted a cadre of licensed tradesmen we know personally, and have hired a PT carpenter to perform much of the non-licensed work.Our ARV for this 3/2 should be approximately $110,000 as suggested by our Realtor.

According to persons I've talked to at REIA meetings apparently I've chosen some tough areas to focus on in real estate investing (buying and selling non-performing notes, bird dogging/wholesaling and out of state foreclosure prop owners with the intention to move into a couple flips and buy and holds by the end of this year).I can't focus on all of them at once and have decided to work the bird dogging/wholesaling and note buying at the same time for the next 2 - 3 months to determine which marketing strategies work best for finding leads and establishing relationships with banks for the states I'm interested in.I've known this person for about 10 years and he is very successful at wholesaling/foreclosure/short-sale/flipping.

I performed standard due diligence on the HOA/building looking at reserves, budget etc.