InnoVest Resource Management's Foreclosure Forum

Discussion Board Foreclosure Training Title Holding Trust Speaking Schedule Foreclosure Codes 50 State Foreclosure Basics Foreclosure Glossary 60+ Yrs Interest Rates News & Trends FAQ Dingbat Retirement Plan Links Contact / Map Home

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Questions on JBBs... Posted by Alfred, #1 Trainee on February 18, 2002 at 7:10 PM Hey Ward, I'm doing a little bit of work on perfecting the JBB system. Have a couple questions... 1) Once you buy the 2nd wouldn't it be a good idea to request a reinstatement statement from the foreclosing 1st just for the purpose of finding out what the exact term, interest and remaining balance is, so that you have all the details? 2) Once you buy the 2nd, wouldn't it be a good idea to contact the trustor or send them a letter with some good contacts (brokers and finance companies) that might be able to get them a refinance loan, thus expediting your pay off? Thanks in advance. Follow Ups: Re: Questions on JBBs... Ward-CA- 8:48 PM, 02/18/02 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Hey Ward, : I'm doing a little bit of work on perfecting the JBB system. Have a couple questions... : 1) Once you buy the 2nd wouldn't it be a good idea to request a reinstatement statement from the foreclosing 1st just for the purpose of finding out what the exact term, interest and remaining balance is, so that you have all the details? : 2) Once you buy the 2nd, wouldn't it be a good idea to contact the trustor or send them a letter with some good contacts (brokers and finance companies) that might be able to get them a refinance loan, thus expediting your pay off? : Thanks in advance. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

Copyright © 1997-2002, InnoVest Resource Management

InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455