Donna Bauer
The Leading Authority On Note Buying,
Short Sales & Pre-Foreclosures
While most people know that real estate can be a great investment, very few understand the awesome advantages of buying and selling Notes, Mortgages & Trust Deeds. These by themselves are very valuable assets that can produce tremendous profits without the hassles of owning the property.
When you buy these, you become the bank, which means you make all the rules. You also have the opportunity to help homeowners through times of financial difficulty. You will discover that Note Buying offers rewards of all kinds.
By special arrangement, nationally recognized note buying expert Donna Bauer will share her best kept secrets on buying and selling Notes, Mortgages & Trust Deeds for huge profits at our August 5th workshop. She'll also cover how you can cash in on the hugely lucrative Pre-Foreclosure Market using Short Sales and buying notes!
This full day workshop will be loaded with information and Donna will show you how simple it is to generate a huge income dealing in notes.
Remember... you can not be in the Real Estate Business without coming across note buying opportunities. They're all around you when you know what to look for.
Here are some common questions about note buying:
What is Note Buying?
When someone borrows money to buy a house, he signs a written promise to repay the money over time. This document is called the note. The note can be bought and sold just like any other asset. When you buy the note from the lender, you buy the right to be repaid. The money is now owed to you.
Why do lenders sell notes?
There are two main scenarios. First, a seller may offer to lend money to a buyer. This is called a seller carry-back mortgage and is quite common. The buyer borrows money from the seller and makes payments to him instead of a traditional bank. At some point in the loan, the seller may need immediate cash to start a business, send kids to college, etc. That's where you come in. You buy the note so he can get the cash he needs now. The second scenario involves delinquent mortgages held by traditional banks. If the homeowner is seriously behind on payments, the bank may decide to sell the note and avoid the expense of foreclosing. You make an offer to the bank and buy the note. This is different from the Short Sale Business and it's huge! Mortgage defaults are already at historic highs and as rates continue to rise the number of defaults is on the rise. This creates a huge opportunity for us.
