Procedure for buying Notes

General Real Estate Investing
1

As you can tell by my name I have a lot of questions to ask… So dont get mad… :slight_smile:

What is the procedure for buying Notes? i have heard of Notes being sold on the internet on eBay… How does this work?

Also, if a manufactured home was placed on a lot does it grow in value like other homes? According to a different posting, what appreciates is the land under it which will offset the depreciation of the home… True, not true… Can I get a hand?

Thanks in advance… ;D

2

Yes, it is not usually the home itself that appreciates in this case but the land itself. I have developed and sold several mobile land home packages-have also discussed this w/ local appraisers, I have never had anything drop in value; as a mobile would over time sitting on a lot.