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taking over a 2nd bene's note & foreclosure action

Posted by Rick on September 24, 2001 at 3:51 PM

Ward,
We are getting creative here... A JBB prospect we've been researching turned out to have a NOD on the 2nd. If we approached the bene to buy the note, could we buy it and also take over thier foreclosure process, using their trustee -- or would we have to start our own foreclosure from scratch?


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