How To Buy A Mortgage Note From The Bank <Verified>

Review the original Note and Deed of Trust. Ensure the "chain of assignment" is unbroken.

Banks sell these notes to clean up their balance sheets or offload "non-performing" (delinquent) loans. 1. Find the Right Sellers how to buy a mortgage note from the bank

Get a Broker Price Opinion (BPO) or drive by to check the condition. Review the original Note and Deed of Trust