Non Performing Notes Buyers

Investors buy non-performing notes because of the discounts that come with "buying distressed assets" - those discounts mean more ways to profit from the investment and also mean that the principal in the investment is secure because the value of the collateral (the property) is so much more than the price paid for the non-performing note.

However, while the buyer obtains all of the benefits held by the lender, it is equally important to remember that he also obtains all of the burdens. This includes the risk that the loan documentation history may be flawed, that the borrower may refuse

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