commercial non performing notes wanted

Non-Performing: The most popular note right now. The non-performing note is essentially a note that is in default and can no longer expect repayment against the original terms of the note. What makes non-performing notes so attractive to a buyer is the opportunity to essentially purchase the asset at a deep discount. In this tight credit market non-performing notes can be found for anywhere between 10% – 50% of the note value on the secondary market.

Non-performing notes are priced so aggressively because the bank has a wart on their balance sheet that is not only performing, but has not yet gone through the foreclosure process to wash out the liens and other clouds on the title. Banks are pricing non-performing notes very aggressively to sell. Non Performing Bank Notes are bank originated loans that are no longer performing according to the terms they were written thus is not producing a cash flow.

We take pride in being recognized as one of the fastest in the industry and in the fact that WE ARE NOT SHOPPING DEALS. WE ARE NOT LENDERS. WE ARE DIRECT TO THE FUNDING SOURCE who can offer 30 days or less closings on these Non-Performing Notes. We are the Loan Mediators between the Real Estate Asset Managers and the Funds Group, which is what separates us in the Commercial Funding Industry. Minimum $1M up to $500M.