Hello everyone this is my first thread and I want to talk about and ask questions about Mortgage Assignments. The “BUZZ” I am hearing is that MA is a lucrative part or real estate investing today.
Is MA is as lucrative now as it was in the 80’s?
My wonders, are they as easily doable today as they were almost 30 years ago?
Are lenders making new provisions on how we should work with a no sell seller to a no credit house buyer?
What is the paperwork needed to give to the lender?
I have a few million questions. I wonder if anyone here is working with MA and can show me how to work with MA?
I just slogged through a MA webinar yesterday thinking I was getting in on the cutting edge of something new. Yawn.
As far as I could tell, they just renamed “Subject To” as “MA.” “MA’s” are glorified Sub2 deals (not that glorified).
Unless I missed something drastic, this is not “mortgage assignment” as it might sound on the surface. It’s a “Deed Assignment” subject to the existing loans.
I’m happy to be corrected, cuz that means I listened to a cruddy “MA” webinar last night. :banghead
Otherwise, if the deed isn’t transferred, but the payments are, it’s called an “Option.”
Hi Family. :help
I am a wholesaler.
I am doing ads for mortgage assignments.
Will someone kindly email me with step-by-step
necessary paperwork?
I have many contracts just which to homeowner
and my end buyer _> and to closing agent?