InnoVest Resource Management's Foreclosure Forum

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

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] To go after or not to go after... Posted by Alfred on September 03, 2001 at 10:13 PM Ward, When title researching a prospective junior lien buyout, if you see a pattern of NOD/Recissions on the 1st, would you go after the junior note anyway knowing that the first may get reinstated rather than there being a sale or refi? Would it be a good solution to only offer 1/3 of the balance on the 2nd note to guarantee a decent profit if the trustor reinstates the 1st again and you have to sell to a note buyer? Follow Ups: Re: To go after or not to go after... Ward-CA- 8:09 AM, 09/04/01 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Ward, : When title researching a prospective junior lien buyout, if you see a pattern of NOD/Recissions on the 1st, would you go after the junior note anyway knowing that the first may get reinstated rather than there being a sale or refi? : Would it be a good solution to only offer 1/3 of the balance on the 2nd note to guarantee a decent profit if the trustor reinstates the 1st again and you have to sell to a note buyer? 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 © 1997-2001, InnoVest Resource Management

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