Posted by John Moren on June 08, 2000 at 21:49:19:
You’ll need a good partial purchase assignment. You also need to know if you are buying the partial at a discount (you get a bump if it pays off early) or at a yield (fixed yield in case of early payoff) and your doc’s need to reflect that. You may be able to find some doc’s at your local office supply if they are well stocked or you can do some “legal research” at the county recorder’s office to see what people before you have used. Did you recently take a course? Perhaps someone there can provide you with the doc’s. Have you made contacts with any of the national buyers? Maybe your contact could help, especially if you might later buy the tail (you should try later on) and maybe broker it. If none of these suits you, send me an email.