Loan in Default - Posted by Bart (FL)

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


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:


Bart (FL)