You need to get a letter from the borrower requesting the loan be sold along with an authorization to obtain information.This will set the stage to give a lender another option other than foreclosure.

That was because we had written letters, took pictures, called with recorder on.

lolHere's another problem: While part of the video is playing, it prevents the letters I'm typing from being entered.

During this time, they will negotiate pay off amount in exchange they will send a letter to the credit company stating that you have pay off the loan.  

The bad part of these loans is that they are temporary....6 months - 1 year interest only with a balloon payment for balance in full.  

Put it on a letter and send it to them. 

I'm not saying there aren't a few of those types of deals, even in my farm areas, but there just aren't a lot of people stupid enough to sell those properties below market, particularly not when there are realtors putting letters on their front doors every week. 

But when you get a love letter from the AG then it gets serious  :)

It looks like he doesn't want to tie up the money for 30 years, but perhaps refinancing it later on or selling the property (you may want to buy something else at that point anyway), or having a balloon payment after 15 years would work for him. 

Where can I find a 'Letter of Intent' to take control of a property I'm interested in wholesaling?