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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

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Learn about each chapter of the
Short Sale A-Z™ video course.

Chapter 1 Chapter 2 Chapter 3 Chapter 4
Chapter 5 Chapter 6 Chapter 7 Chapter 8
Chapter 9 Chapter 10 Chapter 11 Chapter 12
Chapter 13 Chapter 14 Chapter 15 Chapter 16
Chapter 17 Chapter 18 Chapter 19 Chapter 20
Chapter 21 Chapter 22 Chapter 23 Chapter 24
Chapter 25 Chapter 26    

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