Craig Barry's Blog – October 2010 Archive (2)

The Note Marketplace

Curious how to use Notes as a tactic to workout the short sale you are currently working on? Many lenders will prefer to sell them their note on the home that you as listing agent have inherited and are trying diligently to get approved so you can make a commission from closing your workout transaction. The Problem is you have heard about Notes but never really worked through the note settlement process. The process, the paperwork, the settlement, the agreements. How would you like to work with… Continue

Added by Craig Barry on October 19, 2010 at 11:55am — No Comments

Does a Potential Moratorium w Foreclosure mean an Avalanche of Note Buying?

If any of you are working Nat City or PNC short sales please contact me. May have a better solution than a Short Sale and if you are working short sales you know what I mean. We are developing a list of banks interested in selling notes at better discounts and in better turn around times. If this sounds like an anser to prayer contact me. If you have multiple deals with these lenders that are stuck- Then you should REALLY contact me. Best Craig

Added by Craig Barry on October 18, 2010 at 6:47am — No Comments

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