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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] JBB...too many questions...weak...must take class Posted by Amanda G on September 20, 2003 at 2:34 PM Hi Ward and everyone out there! So I'm looking through JBB leads, offering low on private individuals' notes, people balking, no problem, I can keep asking. Then I says to myself, "Self, let's try to go to the institutional lenders." Formed an LLC, called up a couple banks, not hearing back. No problem, I can call again. Then, I'm looking at a few lenders' websites to try to find some specific contact numbers to loss mitigation, and I see this horrible web page--"Rip-off report!" I scan through and there are tons of complaints on the likes of Fairbanks/WMC, Washington Mutual, blah blah, trying to con owners out of their homes because of payments they claimed not to have received. Now I figure, a bunch of people are gonna complain because there's nothing else they can do when they're gonna lose their homes. But, the thing I'm concerned about, is if I purchase one of these lender's accounts (2nd td), is my company now liable for the homeowners complaints? If there is faulty accounting within those previous accounts, is it my proverbial backside on the line? Bigger question: Does the JBB class you offer, Ward, give us, the hapless moneymaker, ways to safeguard against these possible scenarios? 2: I'm also curious: do you teach about handling these large accounts: taxes owed, escrow/transfer funds, etc? 3. do you teach about acquiring various insurances? 4. As a purchaser of an institutional second with a clause for some kind of adjustable payment plan that I have no idea about, would I understand all that stuff and nonsense after your class? (Assumes --1. I am in Ca. 2. I have powers of retention. 3. My questions are coherent) 5. How long does it take to schedule a day with Ward on JBB's? Follow Ups: JBB questions.. Ward-CA- 8:40 AM, 09/22/03 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Hi Ward and everyone out there! : So I'm looking through JBB leads, offering low on private individuals' notes, people balking, no problem, I can keep asking. : Then I says to myself, "Self, let's try to go to the institutional lenders." Formed an LLC, called up a couple banks, not hearing back. No problem, I can call again. : Then, I'm looking at a few lenders' websites to try to find some specific contact numbers to loss mitigation, and I see this horrible web page--"Rip-off report!" I scan through and there are tons of complaints on the likes of Fairbanks/WMC, Washington Mutual, blah blah, trying to con owners out of their homes because of payments they claimed not to have received. : Now I figure, a bunch of people are gonna complain because there's nothing else they can do when they're gonna lose their homes. But, the thing I'm concerned about, is if I purchase one of these lender's accounts (2nd td), is my company now liable for the homeowners complaints? If there is faulty accounting within those previous accounts, is it my proverbial backside on the line? : Bigger question: Does the JBB class you offer, Ward, give us, the hapless moneymaker, ways to safeguard against these possible scenarios? : 2: I'm also curious: do you teach about handling these large accounts: taxes owed, escrow/transfer funds, etc? : 3. do you teach about acquiring various insurances? : 4. As a purchaser of an institutional second with a clause for some kind of adjustable payment plan that I have no idea about, would I understand all that stuff and nonsense after your class? : (Assumes --1. I am in Ca. 2. I have powers of retention. 3. My questions are coherent) : 5. How long does it take to schedule a day with Ward on JBB's? 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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