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Richard Meyer is a proactive, create your own momentum, real estate theorist as well as the ultimate real estate student and a genuine outta-the-box thinker. (Whew, what a mouthful, I mean keyboard full) Rich seeks to convey a sense of humility, individuality and the importance of thinking outside the borders of conventional real estate wisdom when assessing default investment opportunities. He has personally participated in literally thousands of real estate transactions ranging from foreclosures (courthouse steps purchases) and home retention transactions to mortgage note purchases and (almost) everything in between..
more about Richard Meyer
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How to purchase a
Defaulted Mortgage
Where to Find Notes and Mortgages to Buy
- How to locate willing sellers
- How to have your purchases financed by other investors
Considerations Prior to Purchasing a Note
- Assessing the Mortgage, Note and assigning risk levels
- Assessing the Court File
- Title Search and Results
- Assess the subject property
- Assessing the Loan Servicing File
Advanced Notes, Mortgages and Real Property
- How to Purchase Discounted Mortgages
- Types of Junior Lien Holders
- Working the Lis Pendens (LP)
- Making an Offer to Purchase a Note
- Review of Counter-Offers
- Required Documentation, Follow-up and Payment
E-mail: Rich@RichardBMeyer.com
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