It starts with a very direct question from your note seller. "Can I get full value for my note?" Right out of the gate, you have seemingly been boxed into a corner. It is a yes or no question, but in reality, very few note sellers will receive par pricing for their note. But they didn't ask for 100 cents on the dollar, did they? They asked if they could get 'full … [Read more...] about It’s A Trap! Answering This Note Seller Question
note sellers
The Good, Bad, and Ugly Note Sellers
When dealing with a mortgage note seller, what is the most important element of the negotiation process? The amount of the discount? How long it takes to fund? The reputation / credibility of your company? At the end of the day, it is none of the items listed above. Sure, some people will say “price” but the fact of the matter is the value of the note (your bid) is a … [Read more...] about The Good, Bad, and Ugly Note Sellers
Government Shutdown, Breaking Bad Finale and Buying Notes
Just the other day millions of people watched the series finale of Breaking Bad. The same week we were able to watch our government spin its own version of “breaking bad.” As of this writing, the folks in Washington are still entrenched in a sandbox fight that 6-year-olds would envy. Not going to jump in here and place blame on either party (both) and I am not going to … [Read more...] about Government Shutdown, Breaking Bad Finale and Buying Notes
Has Today’s Note Seller Really Changed?
The real estate market went up and crashed back down. Bank lending dried up faster than water in the salt flats and... Robert Downey, Jr. has made three Iron Man films. So, with all these things going on, and more, it begs the question: How is today’s note seller different? The answer may surprise you. Nothing. Nothing has changed in the motivation of why a … [Read more...] about Has Today’s Note Seller Really Changed?
Can You Attract Note Holders With Content Marketing?
Is it effective to use list building, emails, and content marketing to find note holders and turn them into sellers? Recently a note broker asked a series of really great questions and you'll want to read the answers! "I understand the concept from your article 7 Essential Tips For Marketing Your Note Business Online but how do these ideas fit with a note broker or … [Read more...] about Can You Attract Note Holders With Content Marketing?