Posted by Courtney Brown on July 16, 2007 at 16:56:57:
In Reply to: Foreclosure Loss Mitigation? posted by Gopal on June 01, 2007 at 08:16:19:
I am also attempting to buy the note and mortgage from Lenders. In my case I am looking to purchase 2ndís at a substantial discount where the first is in default and proceeding with a foreclosure. I have filed permission letters with the Lenders from the property owner so at least the people in loss mitigation will talk to me. The loss mitigation departments will often do a short sale. But, finding the right person to submit an offer for the purchase of the note and mortgage is proving difficult. Will be glad to let you know when I am successful.
Post a Followup