When we buy a mortgage note, it's typically at a 15-20% discount, leaving equity in both the house and the mortgage. This means:
House value is greater than Mortgage note value
Equity in the property Equity in the mortgage
We prioritize protecting our investors. While some hope for foreclosure, we don't aim to displace families. However, if needed, we will foreclose to protect our investors' interests. Thankfully, we've never had to.
During foreclosure, investors receive their due interest, and their funds are fully returned. 💰
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By: Mortgage Note$ Index with Carlo Title: Why We Love Buying Discounted Mortgage Notes? | @MortgageNotesIndex Sourced From: www.youtube.com/watch?v=jbw8hN45RJA