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Business Real Estate How to Purchase Non-Performing Notes: Good Brokers are Key
Business Real Estate How to Purchase Non-Performing Notes: Good Brokers are Key
| How to Purchase Non-Performing Notes: Good Brokers are Key |
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| Written by Dean Engle |
| Friday, 03 April 2009 07:20 |
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Purchasing Non-Performing Notes, the How To If you have a good broker that you are working with in your note buying business, you will be very successful. I've received over 4 phone calls from on of my good brokers this week. He was checking up to see where I was on my non performing note bid. Purchasing Non-Performing Notes, The Good Brokers There was a bid that I put on a pool. It had been brokered out for a friend of his that he used to work with at an investment bank. Always polite and professional, he would ask me, how is your due diligence coming along? Is there anything you found that you didnt expect? Or he would say something like: "So which notes have you kicked out due to value, if any?" And the end of his conversation he would make it a point to show me that he was working on both ends to keep me and the seller on the same page. He would assure me that he would notify the seller about our conversations and let them know that I would be contacting them once I had everything finalized. And he would always ask me for a date. How to Purchase Non-Performing Notes - The Value of a Good Broker My broker never got in the way of the relationship between myself and seller. In fact he was building our relationship. He was adding value. He knew everything about my bidding process. He knew what my bids meant and why I was bidding on the non performing notes. He was aware of the potential "kick-outs", in other words, notes that I might pass on. Some reasons to pass would be title issues. You should be getting what you pay for. The broker should earn the commission that you are paying them. They should make the process of buying your non-performing notes easier. About the Author: Interested in learning more about the Note Buying Business? Watch Hours of FREE Training Videos here: How to Purchase Non Performing Notes Real-life, Up-to-Date Information for You. Visit NoteBuyingProfits.com or Call 718-783-7605 Or Click Here: How to Purchase Notes From Dean Engle & NoteBuyingProfits.com - This time on How to Purchase Non Performing Notes Kindly provided by MoneyHunter.org You are welcome to use this article on your own website, if you include the link just before this text. |
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