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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Buying Junior Trust Deeds From Large Finance Cos. Posted by Rick on August 28, 2001 at 12:42 AM Recently I contacted Countywide about buying a second trust deed that they currently hold. I spoke with a supervisor and explained that the first was in foreclosure and the second T.D. was in jeopardy of being wiped out. The supervisor told me that she had never heard of anyone calling to ask them to sell a junior T.D. before. It just is not something that Countrywide does. Through the limited research I have done thus far, I have found that quite a few second T.D.s with junior bene buyout potential are held by large finance companies. I was wondering if it would be worthwhile to follow-up on those prospects, or would it be better to focus on junior benes who are private individuals or small finance companies? Follow Ups: Re: Buying Junior Trust Deeds From Large Finance Cos. Treasurecoast 9:27 AM, 08/29/01 (0) Re: Buying junior liens from institutions. Ward-CA- 5:19 PM, 08/28/01 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Recently I contacted Countywide about buying a second trust deed that they currently hold. I spoke with a supervisor and explained that the first was in foreclosure and the second T.D. was in jeopardy of being wiped out. The supervisor told me that she had never heard of anyone calling to ask them to sell a junior T.D. before. It just is not something that Countrywide does. : Through the limited research I have done thus far, I have found that quite a few second T.D.s with junior bene buyout potential are held by large finance companies. I was wondering if it would be worthwhile to follow-up on those prospects, or would it be better to focus on junior benes who are private individuals or small finance companies? 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

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