Comments on: How to buy REOs – REOs versus Non-performing Notes http://www.notebuyingprofits.com/blog/286/how-to-buy-reos-reos-versus-non-performing-notes/ Real-Life, Up-to-Date Training to Profit from Defaulted Mortgages Mon, 26 Apr 2010 20:53:17 -0400 http://wordpress.org/?v=2.8.2 hourly 1 By: Bob Smith http://www.notebuyingprofits.com/blog/286/how-to-buy-reos-reos-versus-non-performing-notes/comment-page-1/#comment-336 Bob Smith Tue, 25 Nov 2008 20:33:45 +0000 http://notebuyingprofits.com/blog/?p=286#comment-336 When you say: <i>Unlike a “sweet” note deal that closes in the 30%’s, REO prices in that range are typically a pipedream</i> Are you referring to: 1) 30% of the property's value 2) 30% of the note's principal balance 3) 30% discount off the note's principal balance When you say:

Unlike a “sweet” note deal that
closes in the 30%’s, REO prices in that range are
typically a pipedream

Are you referring to:
1) 30% of the property’s value
2) 30% of the note’s principal balance
3) 30% discount off the note’s principal balance

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