Re: Purchasing Notes from Lenders

Posted by yihunie Mekonnen on August 16, 2005 at 03:46:18:

In Reply to: Purchasing Notes from Lenders posted by Daniel on June 22, 2005 at 18:53:40:

: I am trying to purchase a property from the owner. The first lien holder filed NOS and trustee sale is shceduled in two weeks.
: To maximize the profit, I am considering purchasing the second lien from the lender. It will be wiped out if the property is sold at Trustee Sale.

: I would like to know that the lender is willing to sell the notes in the current market. I never purchased notes from lenders.

: If I can purchase the notes, what procedure do I have to follow?

: Please help me.

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Comments:
: : I am trying to purchase a property from the owner. The first lien holder filed NOS and trustee sale is shceduled in two weeks.
: : To maximize the profit, I am considering purchasing the second lien from the lender. It will be wiped out if the property is sold at Trustee Sale.

: : I would like to know that the lender is willing to sell the notes in the current market. I never purchased notes from lenders.

: : If I can purchase the notes, what procedure do I have to follow?

: : Please help me. 


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