INCREASE YOUR PROFITS TODAY, LEARN HOW TO EXECUTE SHORT SALES

Short Sales A-Z™ Online Class Chapter 26

Chapter 26
Exit Strategies – Subject to Existing Financing by Note Buying

 

In this type of transaction the buyer first becomes a creditor secured by the property. This is done by buying the promissory note and mortgage from the bank. Then the buyer secures title by negotiating with the owner and other secured creditors if they exist. This chapter covers the details of this type of transaction.

Objective:

  • Learn how to acquire properties by buying the debt secured by the same property.

Outline:

  • Transaction Description
    • Advantages
    • Disadvantages
  • Risks
    • Risk mitigation
  • Note buying process
  • Transaction Flow chart
  • Sample document analysis

Time:

  • 05:03 minutes

Short Sales Class Chapter 26-1

Short Sales Class Chapter 26-2

Purchase the Short Sale A-Z™
Video Course Now!



2008 Advanced Real Estate Concepts, LLC., Portland OR. All rights reserved. Prices, product and service specifications, schedules, availability, terms and policies are subject to change without notice. All other trademarks and copyrights are property of their respective owners.