help - Posted by Selena Stiles

Posted by phil fernandez on February 28, 2002 at 19:11:29:

1,. Verify the balance.
2./ Get a lawyer involved to make sure the documentation is legal.
3./ Have your sources of money available if indeed this is a good deal.

help - Posted by Selena Stiles

Posted by Selena Stiles on February 27, 2002 at 19:25:55:

I’m a new kid on the block in the Paper biz.
Out of my frist three clients one has a 700,000
Commerciial mortgage that has defaulted with a 648,124.66 note balance.
I dont even Know how to even begin to sell it.
Please help me.

Re: help - Posted by daveh

Posted by daveh on March 06, 2002 at 07:10:35:

Try posting it on America’s Note Network. There are companies that specialize in large commercial notes (even in defualt). Also try a search on Google or the like. Don’t get your hopes too high though – these are tough ones to place – I’ve tried several myself with no luck in the past.