Loan in Default - Posted by Bart (FL)

Real Estate Investing
1

Posted by Bart (FL) on September 01, 2003 at 17:04:41:

Hello,

You typically get an estoppel letter from the note payor. What do you do when you are buying a note in default and the payor obviously is not going to give you the letter?

Do you just take the note holders word for it :wink:

Thanks

Bart (FL)