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Buying Defaulted Loans in Today’s Market – Some ‘Buying Notes aka Defaulted Mortgages’ Tips

Buying Defaulted Loans in Today’s Market – Some ‘Buying Notes aka Defaulted Mortgages’ Tips

October 10, 2008 by notebuyingprofits.com  
Filed under Foreclosure, Videos

Make sure to watch the Buying Defaulted Loans VIDEO below!
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The markets are going crazy and the Dow’s down to 1998 levels (yikes – hopefully you got out before the fall – I told all my family friends to go cash back in February of this year, so we’re doing OK as long as the mattress holds up).

So what does this mean for you in terms of buying defaulted mortgages?

Will Treasury snatch everything up?

No. There will be plenty of non-performing notes to buy. There is just too much bad paper circulating right now.

And regional banks and other smaller institutions, unlike Wall St broker/dealers, have a “normal” selling cycle that keeps putting paper out to bid every month.

Those are a great starting point for you.

For more info on the market, where to buy notes, who to target, and what the implications are, click on the note buying video below! (This is a snippet from this week’s Private Access Club webinar/conference call – where you can get ongoing training & support for your note buying business. Check out the 30-Day FREE Trial! It’s a great community! You can watch the full 90-MINUTE replay of this webinar in the members area, as well as TONS of other recorded note buying training sessions, interviews & role playing sessions with bankers & lots more).

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