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Foreclosure Forum |
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JBB ProcessWard, I am about to make an offer to an institutional lender to buy their 2nd and 3rd trust deed. Since you are quite the Junior Bene Buyer, can you please outline the JBB process so that I can safely buy the notes as a real estate investor? As a bonus question, does the threat of the trustor filing bankruptcy further encourage the lender sell to the note? If so, how come? Thank you for your help. Cary
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