Buying Discounted - Notes

When a lender (like a bank or private seller) wants to free up cash, they may sell their mortgage notes at a discount.

Foreclosing on a non-performing note can be expensive and time-consuming. buying discounted notes

You buy a note with a $100,000 balance for $70,000. When a lender (like a bank or private

Borrowers have stopped paying. These are bought at much steeper discounts, often with the goal of restructuring the loan or foreclosing to take the property. 000 balance for $70

The loan is secured by real estate, providing a safety net if the borrower stops paying. Types of Notes