Posted by James Strange on November 29, 2002 at 15:44:41:
In Reply to: commercial note about to foreclose posted by Helen on November 19, 2002 at 12:27:19:
The only people who would buy this is some one who wants to own the store. They could buy this note at a discount the when the store owner is late they could foreclose on the store. Then at the sale they could bid upto the notes face value. If someone bids more than thay they get paid off. If not then they take over the business at a discount price.
This is not something that you will be able to broker over the net. Find someone local who has cash and would be willing to own a C store.