Non Performing Notes

Rising Tide…

The well-known adage, “a rising tide lifts all ships,” has been a metaphor used to illustrate the positive effects of collective progress. It implies that when a general improvement occurs, everyone benefits to some extent. However, in the context of the default mortgage space, this adage fails to account for those who are already in dire circumstances.   The default ...

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ZOMBIE FORECLOSURES INCREASE 21 PERCENT ACROSS NATION IN SECOND QUARTER OF 2021

Written By: https://rei-ink.com/ But Zombie Foreclosures Still Represent Just One of Every 12,300 Residential Properties; Percentage of Foreclosure Properties Sitting Empty Ticks Down… ATTOM Data Solutions, curator of the nation’s premier property database, released its second-quarter 2021 Vacant Property and Zombie Foreclosure Report showing that 1.4 million (1,409,457) residential properties in the United States are vacant this quarter, representing 1.4 percent ...

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STOP TAKING ADVICE FROM FACEBOOK STRANGERS!

Do you know why? It’s because you cannot give accurate advice or direction without evidence or context. Does anyone know how many questions Tony Robbins asks before he makes a compelling statement during a breakthrough moment? I just heard him say on a podcast that he was recorded during one of his Date with Destiny experiences as having asked 160 ...

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SBA Bottle Neck…

Several people have reached out to me about the SBA lending programs and how much time they are taking. Here are a few things to think about: Keep in mind that as of Monday we are only 10 days into this lending program – 6 days if you subtract the past two weekends. Based on my research and having talked ...

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Learning The Hard Way

When I got started in the business and learning from my attorney friend, after about five days in, he patted me on the back and said, “You know, go get ’em tiger.” I went back home and started scratching my head because there was no marketing strategy or plan. It was just like, “There you go. Good luck.” As I ...

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