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Lenders Sell Mortgages

Posted by Paige Panzarello // November 18, 2020

Commonly, lenders sell mortgages. Federal banking laws allow financial institutions to sell mortgages or transfer servicing rights to other institutions. Consumer consent is not required when lenders sell mortgages. It might seem alarming because a mortgage is something very personal to a consumer, a symbol of your homeownership. Also, you may have a special relationship […]


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Where to Find Mortgage Notes to Buy

Posted by Paige Panzarello // November 4, 2020

Where to find mortgage notes to buy.  According to the Mortgage Bankers Association, the U.S. forbearance rate measuring the share of mortgages with suspended payments fell seven basis points to 5.83% last week, “With more borrowers exiting forbearance in the prior week, the share of loans in forbearance declined across all loan types. Almost half of forbearance exits […]


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The State of Mortgage Delinquencies

Posted by Paige Panzarello // October 21, 2020

When we look at the state of mortgage delinquencies, we see some improvement in the short term or recent defaults. However, mortgage delinquencies continued to rise in July, according to CoreLogic’s new loan performance report. The company found that 6.6 percent of all mortgages were at least 30 days past due (including those in foreclosure.) […]


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Many Americans Are Unable to Afford Housing

Posted by Paige Panzarello // October 7, 2020

According to USA Today, “The COVID-19 pandemic has sent shockwaves through the American economy. Millions of Americans are filing for unemployment benefits every week. Small business owners see plummeting revenue, and many of those who are still working have been forced to accept pay cuts. And now, many Americans are unable to afford housing and basic necessities. A U.S. Census Bureau […]


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Can I Sell the House While in Probate?

Posted by Paige Panzarello // September 23, 2020

Can I sell the house while in probate? Probate is the court-supervised process of authenticating a last will and testament if the deceased made one. It includes locating and determining the value of the person’s assets, paying their final bills and taxes, and distributing the remainder of the estate to their rightful beneficiaries. Can I Sell the […]


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Working with A Distressed Seller

Posted by Paige Panzarello // August 26, 2020

Working with a distressed seller can benefit you and the seller. We get a good deal, and they get out of a desperate situation.  Yet, a seller may be reluctant to use you.  Why is that? Working with A Distressed Seller Distressed sellers are often suffering from overload.  They may be regularly receiving a high […]


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Delinquent Mortgages Are the Highest Since 1999

Posted by Paige Panzarello // August 12, 2020

Not since the 1930s have we seen housing and unemployment this bad. In addition, 12 million renters face eviction due to no rental payments for at least three months. Wolf Street points out that delinquent mortgages are the highest since 1999. Transition from “Current” to 30-days past due: In April, the share of all mortgages […]


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Due Diligence Steps in Notes Investing

Posted by Paige Panzarello // July 1, 2020

Due Diligence Steps in Notes Investing

You make your money on the buy, not on the sell. Like location, location, location, this common real estate adage holds true just as much with self-storage investing as it does with real estate note investing. How do you make money on the buy? By taking several due diligence steps in notes investing. According to Ultimate Guide to […]


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Non-Performing Notes Vs. Rentals

Posted by Paige Panzarello // June 17, 2020

Non-Performing Notes Vs. Rentals

How does investing in non-performing notes vs. rentals compare? What are non-performing notes? Notes are the financial or paper side of the real estate business. The house is the collateral backing the note, which in a worst-case scenario, we can take back or repossess if the borrower fails to pay as promised. However, even in […]


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What is the Difference Between Performing & Non-Performing Notes

Posted by Paige Panzarello // June 3, 2020

When you look to invest in notes, you must first determine if the note is performing or non-performing. What is the difference between performing & non-performing notes? Imagine a property purchased for $25,000 cash in Anytown, USA. That same property is sold on seller-financed terms for $50,000 with 10% down and monthly payments of $500 […]


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