I have a HML in default 90 days. It was a 45 day short term loan…40% ROI. The investor is getting the run around on the refi, and is at the banks mercy. The loan was 12k with repayment of 17k. Home is valued over 45k. Could I sell this instead of waiting for the refi?
bump
Can someone at least refer me to a company by PM that buys defaulted loans?
I would be interested in getting more information on this property, pics, appraisal, and address to where it is I would be interested in purchasing if the price is right.