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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: JBB's in Flat Market? Posted by SeanW on April 18, 2003 at 11:31 AM In Reply to: Re: JBB's in Flat Market? posted by Jorge on April 18, 2003 at 11:08 AM I probably was underestimating the reinstatement of the 1st. But I would think there is a reasonable chance that yes, the 2nd would "give money away". If they aren't exercising their rights to reinstate, and the houses are going to the senior lienholders w/o bidding, even 5 cents on the dollar is better than nothing. Another argument to persuing 2nds in a stable market, is that few other people might be doing it. I would think there is a progression in foreclosure training. First people learn how to do the sale, then learn the art of JBB's. I bet most people get exasperated with dead end leads and grouchy home owners. The sale is just "easier to mess with" and there's less wasted time. Follow Ups: Re: JBB's in Flat Market? Jorge 8:50 AM, 04/19/03 (2) Make equity in the buyout. SeanW 3:47 PM, 04/19/03 (1) Re: TOO RISKY Jorge 11:18 AM, 04/20/03 (0) Post a Followup: Name : E-Mail : Subject : Comments: : I probably was underestimating the reinstatement of the 1st. But I would think there is a reasonable chance that yes, the 2nd would "give money away". If they aren't exercising their rights to reinstate, and the houses are going to the senior lienholders w/o bidding, even 5 cents on the dollar is better than nothing. : Another argument to persuing 2nds in a stable market, is that few other people might be doing it. I would think there is a progression in foreclosure training. First people learn how to do the sale, then learn the art of JBB's. I bet most people get exasperated with dead end leads and grouchy home owners. The sale is just "easier to mess with" and there's less wasted time. 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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