Selling Mortgage Notes – Mortgage Donation Or Write Off?

Someone wants to sell their mortgage note but they haven't received payments for a year, are in second position, or facing foreclosure. They need help but what can be done? Here is an option for non performing mortgage notes you might not have heard about...donating to charity.  Our guest author works with a non profit organization with a unique solution to defaulted notes. (Editor's Note: This article is not intended as legal or tax advice.  Please seek the assistance of a competent … [Read more...]