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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Initial offer amount... Posted by Alfred -- CA on November 01, 2001 at 2:34 PM Ward, Re: Junior bene buyouts. I've done all the research, located a note holder and I'm about to make an offer on their 50K 2nd of Nov 1998. When dealing with small to medium sized finance companies (lenders), as opposed to private note holders, do you think that an initial offer of 50% of the remaining balance is wise, or would that just be too low for them? Would it be better to start at 60%? (I was just wondering if it is possible that, due to a 50% offer, they would be insulted or think I was trying to rip them off and thus wouldn't take me seriously.) Also, if a note has been assigned several times... can you assume that it has been discounted a few times and thus you can afford to make a lower offer than if it was the original lender? Follow Ups: Re: Initial offer amount... Ward-CA- 7:13 PM, 11/01/01 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Ward, : Re: Junior bene buyouts. I've done all the research, located a note holder and I'm about to make an offer on their 50K 2nd of Nov 1998. : When dealing with small to medium sized finance companies (lenders), as opposed to private note holders, do you think that an initial offer of 50% of the remaining balance is wise, or would that just be too low for them? Would it be better to start at 60%? (I was just wondering if it is possible that, due to a 50% offer, they would be insulted or think I was trying to rip them off and thus wouldn't take me seriously.) : Also, if a note has been assigned several times... can you assume that it has been discounted a few times and thus you can afford to make a lower offer than if it was the original lender? 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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