Homebuyers Town Hall Adriana Montez -part 1

In this episode, Adriana Montes, Broker/Owner of Florida Dreams Realty and Capital Group, and Eric Feldman, Attorney at Eric Feldman and Associate, Attorney's at Law, discussed buying non-performing loans and the risks and opportunities involved. Adriana and Eric are attending the conference to obtain the latest information about the Non-performing Note market. Small investors often go through Servicers and networking events like the IMN Servicing Non-Performing Loan Conference to learn and find business opportunities and resources.
Eric Feldman discussed the foreclosure process and how to acquire the asset through foreclosure after purchasing non-performing loans. This includes the demand letter, lawsuit filing, title work, and the judicial sale process in different states. Eric also explained different promissory notes with varying discounts associated with them based on the outstanding principal balance. He also gave an example of how negotiations for buying a non-performing note would start at the unpaid principal balance. Watch or listen to this show and share it with your friends and family. If you are interested in buying real estate or non-performing notes, please get in touch with Adriana Montes