Can Investors Make Money With An Assignment of Mortgage Note?
The Perfect Storm For The Assignment of Mortgage Note:
- Over the last year we have seen foreclosures hit an all-time high in the U.S. This means there are a ton of sellers out there willing to do whatever it takes to keep from getting foreclosed on as well.
- Nearly 22.5% of homeowners have negative equity in their home. This means they would have to PAY to sell their homes.
- Banks have greatly tightened lending guidelines. This means that there are tons of would be buyers out there that don’t qualify for traditional mortgages.
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