Posted by Mel on February 07, 2009 at 18:47:48:
In Reply to: Re: Are these the biggest risks when buying a note? posted by scott on February 07, 2009 at 01:05:53:
I don't know how willing the property owner would be to open his home for an inspection. There "drive by" inspections that can be done. As far as having the place trashed later after the transaction, that would be a risk no matter what kind of real estate deal you may undertake. Nothing this side of heaven is without risk. P.S. I don't have a lot of experience in notes,so you may want to hear from someone else.
-Mel