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What Happens when a Good Note Goes Bad?

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This video illustrates why it is so important to be an educated and well-rounded investor. It’s not enough to understand just the “performing note side of the business” because sometimes performing notes can become problematic:

  • They become non-performing
  • The underlying collateral has problems

Furthermore, this short video shows why you need to know the difference between a mortgage and a land contract. Not knowing this difference could cause you thousands of dollars.

 

Kevin Shortle

Dir. of Training, NoteSchool

 

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