Posted by Bud Branstetter on April 12, 2000 at 11:30:49:
Most note buyers will limit the purchase price to 80% of value or purchase price. Less for nothing down deals. The discount on that note is dependant on if the services of a broker are used or if you go direct. A 5 to 8% fee is not uncommon for a broker. There is an article on working with private investors and selling the note that way if you want to look.