non performing residential development note buyers

We have teamed up with a fund who are buyers on non performing residential developer notes, aka busted development loan buyers. Selling a non performing residential development note can be difficult. You need a buyer specializing in non performing residential developer mortgage notes. That’s where we come in. We can help you move these non performing developer notes nationwide.

We also have investors looking for both residential non performing notes. They are both non performing residential note buyers as well as non performing commercial note buyers covering most states, including Michigan. Call us 7 days a week to discuss your non performing notes for sale. Sorry, no brokers. 1-877-655-5625

Posted in Commercial non performing note buyers, Commercial non performing notes | Tagged buyers on non performing residential developer notes, non performing residential development note buyers, Selling a non performing residential development note | Comments Off

non performing owner financed note buyers

Need to sell a non performing owner financed note? I have good news and bad news. The good news is we are buyers of non performing owner or seller financed notes. The bad news is, private non performing mortgage note buyers discount these notes severely. The reason for this is the significant cost issues such as legal cost for foreclosing (plus the amount of time depending on the state), potential back taxes, property insurance if it is not current, other liens (water, sewer etc.) that might have to be paid off. Additionally, there are the other risks such as intentional damage or potential damage from lack of maintenance by the borrower.

Our recommendation is for you, the note holder to foreclose on the property as industry discounts on non performing seller/owner financed notes range from 50% to 80% of the unpaid balance due to the above (and other) mentioned costs and risks. You might even approach the borrower about a loan modification, particularly if the current rate is on the high side.

If you are still interested in selling a non performing owner financed private mortgage note or note and deed of trust depending on the state, give us a call at 1-877-655-5625. Be sure and have your note and closing statement at hand when you call. We will provide you a quote to sell your non performing seller financed note and mortgage or Deed of Trust.

 

 

Posted in Private non performing mortgage note buyers | Tagged owner financed note buyers, private non performing mortgage buyers, sell a non performing owner financed note, seller financed non performing note buyers, selling a non performing mortgage | Comments Off

Large Non Performing Note Pool Buyers

Just added a buyer to my large non performing note pool buyers database. This large residential non performing note pool buyer buys in many states but is particularly interested in CA, NY, AZ, NV, TN, GA and Michigan (Owner occupied NPNs only) including Detroit. They also are Detroit REO buyers. They like NPNs that are owner occupied as that fits their investing model. They have a large amount of funds they are trying to place. I also have a private equity buyer of non performing notes who is also a seller of non performing notes. This private equity fund buys and sells NPNs across many states. They are a cash buyer of non performing note pools so they can move very fast.

Non performing notes are hot right now with the many hedge funds, private equity funds as well as many small investor groups and even individual NPN buyers. The great thing about investing in non performing bank notes or note pools is the flexibility of the investment. These NPNs can be flipped if you get them at a good price. They can also be restructured for the cash flow and even eventually sold as a performing note. Additionally, they can be foreclosed on and turned into a rental. Call today if you would like my NPN pool buyers to review and hopefully mane an offer on your NPN pool or individual note. 1-877-655-5625, 7 days a week. Ask for Ron.

Posted in non performing notes buyers, Residential non performing notes buyer | Tagged CA NPN Pool Buyers, cash buyer of non performing note pools, Detroit non performing note buyers, Detroit REO buyers, Large Non Performing Note Pool Buyers, large NPN pool buyers, large residential non performing note buyers, MI NPN pool buyers, Michigan NPN buyers, non performing note buyers, npn buyers, npn pool sellers, NY NPN Pool Buyers | Comments Off

Michigan Non Performing Note Buyers

Locating a MI non performing note buyer can be difficult. Many NPN buyers shy away from Michigan. So I’m excited to say that I not only have one MI NPN buyer but two MI non performing note buyers. One buyer prefers the properties to be owner occupied giving him the option to work with the borrower so they can keep the home. My other MI residential non performing note buyer is less concerned about that as they have a serious network strictly in the state of Michigan. So if you have MI NPNs for sale (Sorry, no brokers), contact me right away. We will execute any confidentiality agreements you require to get your pool of MI non performing notes in front of these serious Michigan non performing residential note buyers buyers.

MI non performing note buyersAmong the pieces of information we would like to see are 1) BPOs, 2) Outstanding property taxes and whether the borrower id still in the home along with the basic mortgage note information. My two MI NPN investors can move very quickly as they are cash buyers of MI non performing notes. We are available 7 days a week. Call today at 1-877-655-5625. Ask for Ron Stone.

Posted in Michigan Non Performing Note Buyers | Tagged cash buyers of MI non performing notes, MI non performing residential note buyers buyers, MI NPN buyer, MI NPN buyers, Michigan Non Performing Note Buyer, Michigan Non Performing Note Buyers, Michigan non performing residential note buyers buyers | Comments Off

Midwest Non Performing Notes For Sale

I have a new large residential Non Performing Note pool with a heavy concentration of residential mid-west non performing notes for sale, including Michigan, Ohio, Wisconsin, Indiana and Illinois. The total unpaid balance is $13.6 million with 284 non performing notes for sale. And while there are a lot of mid-west non performing notes in the NPN pool, there are also non performing notes in the southeast including AL, FL, GA, TN, and KY as well as OK and PA non performing notes plus a few other states. As you can see many of these Notes are Non Performing Notes in Non Judicial states. Also, the great thing about this NPN pool as opposed to other NPN pools is the pool can be “cherry picked”. This allows many non performing notes buyers to select the state or states they want without having to buy non performing notes in areas of no interest. I don’t believe this pool of non performing notes will be available very long so if you are interested, give us a call right away. We can be reached 7 days a week at 1-877-655-5625. Ask for Ron Stone.

ps. I have 2 other bank note pools from the same seller which include some performing residential bank notes for sale.

Posted in mid-west non performing notes for sale | Tagged bank note pools, IL non performing notes, MI non performing notes, Michigan non performing notes, mid-west non performing notes, mid-west non performing notes for sale, midwest residential npns, non performing bank notes, Non Performing Note pools in Non Judicial states, non performing note pools that can be cherry picked, non performing notes, non performing notes buyers, non performing notes in AL, non performing notes in IL, non performing notes in IN, non performing notes in KY, non performing notes in MI, Non Performing Notes in Non Judicial states, non performing notes in OH, non performing notes in the southeast, non performing notes in WI, npn pools, NPN pools in Non Judicial states, NPN pools that can be cherry picked, OH non performing notes, Ohio non performing notes, performing bank notes for sale, residential non performing notes | Comments Off

NC Residential Non Performing Note Buyer

One of my investors is seeking pools of residential non performing notes. This private investment group is very interested in NC non performing residential notes. This NC non performing residential note buyer has the funds ready to purchase pools of NC NPNs from a seller. This North Carolina NPN buyer is a cash buyer and therefore can move very quickly. If you are a bank, hedge fund, private equity or private investment group looking to sell NC residential non performing notes, please call us right away at 1-877-655-5625.

If you’re looking to sell an owner financed Note in NC, give us a call. We can help. We are in NC.

NC residential non performing note buyerInvesting in bank non performing notes can be very profitable if you have a good strategy and don’t pay too much on the front end. This is primarily due to the flexibility that comes with these notes. You can flip the notes, foreclose and sell or rent the properties, do a loan modification to turn the notes into an income stream or any combination of these strategies.

Posted in NC Residential Non Performing Note Buyer | Tagged NC non performing residential note buyers, NC Residential Non Performing Note Buyer, NC residential NPN buyer, NC residential NPN buyers, North Carolina NPN buyer, North Carolina residential Non performing note buyer | Comments Off

GA Non Performing Residential Note Buyer

I have a private investment group very interested in GA non performing residential notes. This GA non performing residential note buyer has the funds ready to purchase a pool of GA NPNs from a seller. This Georgia NPN buyer is a cash buyer and therefore can move very quickly. If you are a bank, hedge fund or private investment group looking to sell GA residential non performing notes, give us a call at 1-877-655-5625

If you’re looking to sell an owner financed Note in GA, give us a call. We can help.

GA residential non performing note buyerNon performing notes are a great investment if you don’t pay too much initially. Also the price you pay can vary somewhat based on your investment goals. For example, if you just want to flip some notes, you really need to buy right. If you plan on foreclosing on the properties, your pricing needs to take into consideration the legal costs and time it takes to foreclose.

Posted in GA non performing residential note buyer | Tagged GA non performing residential note buyer, GA residential non performing note buyers, GA residential NPN buyer, GA residential NPN buyers | Comments Off

Performing residential seconds pool buyers

We now work with a group performing residential 2nds pools buyers. This group of bank 2nds buyers can handle large pools of second mortgages. Performing second mortgage pool buyers are pretty rare due to the recent hits to equity in most homes. Selling performing second mortgage pools can be a challenge to second mortgage pool sellers. Our buyers of second mortgage pools have a unique way of working with borrowers with second mortgages so they can make sellers a competitive offer on pools of performing seconds. Give us a call at 1-877-655-5625 and ask for Ron Stone.

Posted in second mortgage pool buyers | Tagged bank 2nds buyers, bank seconds buyers, buyers of second mortgage pools, Performing residential 2nds pool buyers, Performing residential seconds pool buyers | Comments Off