They are not and that is the first key to understanding the asset class.

Originally posted by Patrick Saco:I got this info from a book titled "Steps to financial Freedom through Real Estate Investinf"By [REMOVED]This appears to be an attempt at selling books and getting links, there is no author listed

Can anyone tell me if there is a simple way of locating asset managers with performing or non-performing notes or REOs, or if there is a professional organization that many of them are members?

There is usually no updating any title insurance policy when the asset is purchased.

Most likely, your offer wasn't overly attractive to the asset manager and they are waiting to see if something better comes along.

I will not post link but i was met by private investor actually who ended up providing funds, the loan was asset backed btw.

Don't forget you have control of a really big asset of his.

For what it is worth, even though you have a personal knowledge of the property it doesn't warrant putting in the effort to buy that particular asset in my opinion.

Begin as set forth in the contract(no change to contract terms intended). 2.Begin at such time that all parties have actual knowledge of lien holders approval or of Seller's waiver of the contingency for lien holders approval.Im the buyer, and I have 5 day inspection contingency...which is best for me?

I have a huge issue giving anyone authorization to deposit directly into my account.