Comments on: Buying Discounted Mortgages – Terry Vaughan’s ‘Call Option’ for buying http://www.notebuyingprofits.com/blog/72/buying-discounted-mortgages-%e2%80%93-terry-vaughan%e2%80%99s-%e2%80%98call-option%e2%80%99/ Real-Life, Up-to-Date Training to Profit from Defaulted Mortgages Mon, 20 Jun 2011 02:09:29 -0400 http://wordpress.org/?v=2.8.2 hourly 1 By: notebuyingprofits.com http://www.notebuyingprofits.com/blog/72/buying-discounted-mortgages-%e2%80%93-terry-vaughan%e2%80%99s-%e2%80%98call-option%e2%80%99/comment-page-1/#comment-128 notebuyingprofits.com Wed, 06 Aug 2008 19:22:39 +0000 http://notebuyingprofits.com/blog/?p=72#comment-128 Owen, let me explain - sorry but I probably wasn't clear here. Lone Star Funds completed the CDO transaction with Merrill Lynch. I met Terry Vaughan (no relation to either Merrill or Lone Star Funds) at a conference a couple of weeks ago - and Terry pointed out that you can sometimes get banks to loan you money to buy their own mortgages. I wanted to give Terry credit for having pointed out that approach when a note investor is buying from a bank. The news about Lone Star's purchase of Merrill's CDO portfolio just went to support what Terry was pointing out. So when you're out there making your approach to a bank, keep this strategy in mind - that the Seller might be able to help you finance your own purchase! Best, Dean Owen, let me explain – sorry but I probably wasn’t clear here. Lone Star Funds completed the CDO transaction with Merrill Lynch. I met Terry Vaughan (no relation to either Merrill or Lone Star Funds) at a conference a couple of weeks ago – and Terry pointed out that you can sometimes get banks to loan you money to buy their own mortgages.

I wanted to give Terry credit for having pointed out that approach when a note investor is buying from a bank. The news about Lone Star’s purchase of Merrill’s CDO portfolio just went to support what Terry was pointing out.

So when you’re out there making your approach to a bank, keep this strategy in mind – that the Seller might be able to help you finance your own purchase!

Best, Dean

]]> By: Owen Mcgab Enaohwo http://www.notebuyingprofits.com/blog/72/buying-discounted-mortgages-%e2%80%93-terry-vaughan%e2%80%99s-%e2%80%98call-option%e2%80%99/comment-page-1/#comment-127 Owen Mcgab Enaohwo Wed, 06 Aug 2008 18:25:46 +0000 http://notebuyingprofits.com/blog/?p=72#comment-127 Now this is very impressive and I am very interested in getting more details on how this is done. Whats it Terry\'s company that actually arranged with Merrill to buy the notes? If it was do you think he will mind giving some more in depth details as to how he negotiated such a great deal? Now this is very impressive and I am very interested in getting more details on how this is done.

Whats it Terry\’s company that actually arranged with Merrill to buy the notes?

If it was do you think he will mind giving some more in depth details as to how he negotiated such a great deal?

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