I've read on this forum about small servicing companies that note buyers hire after purchasing notes.
When should I hire one and what would they do for me? Is it recommended to always have one and let them se...
I saw this item on an email from my servicer and am concerned if we are violating any state regs for NC since we have loans in Charlotte and one of my VAs has been doing the consumer outreach for workouts. Our service...
I've got property with Countrywide and it is starting to look bad for them. What happens to me if they go bankrupt? How will I be affected?
Thanks.
I have a note in FL, borrower isn’t paying the insurance, too expensive, I guess.
Borrower is very abusive and uncooperative with loan servicing … I’ve given up trying to work things out with them. I don’t want to...
Lately I find myself doing clerical duties making sure that I'm escrowing enough for taxes and insurance when I should be buying and selling notes and properties. I don't see much discussion on here about servicing o...
BP Community,
First post...
I own a triplex property free and clear. I have buyer but need sample contract and understanding of how to put loan servicing piece in place. Any suggestions around where I c...
Seller financing question....I'm thinking about proposing this to a seller. Purchase price 600k, I give him 60k for a down payment, then 5k per month for 1 year (60K). After 1 year I owe him the rest of the price for...
A few years a go I purchased 2 duplexes from a single seller with cash that are about a quarter mile from each other on the same street.Over a year ago I refinanced just one of the properties. The payment was $857.70 ...
I get asked a lot where should I start / what should I buy when investing in notes if I want to learn the business. I typically recommend someone buy a low balance (with equity) performing asset so they understand the...
How do I start looking for mortgage notes? I have heard about going to the local court house but, where do I look? Also are investors more interested in buying 1st mortgages then 2nd mortgages? I would love to get...