Posted by Lou Villar on June 04, 1999 at 24:12:08:
Rich, If you are creating notes at close of escrow, I might be able to help you create a note that we will pay 96% of the first lien amount. If you have 10% downpayment and fico scores of 600 and up, I can help. contact me for info
Creating your own notes - Posted by Rich
Posted by Rich on May 19, 1999 at 15:31:15:
I am confused! Maybe I am not understanding the posts the way they are written. I read some of the posts, in regards to creating your own notes and having them purchased at closing, by American Notes. I called them and asked if they would in fact buy a note I create for my own property, with me as the payor. I was informed that they would not do this.
I have done several simultaneous closings when I create a note for the sale of one of my propertis and they are purchased at closing. Since the non seasoned re finance market has gone away, I have been looking for a way to create a note on a property I own, with me as the payor and as the payee, no one seems to want to do this.
Can this be done?
Thanks
Rich