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Note Buyers Subgroup 10-7
FreeWhat to do when your borrower stops paying…
We love notes because *usually* they are low maintenance. That is, until the borrower stops paying. This month LA South REIA welcomes Tom Chase, founder of Affordable Housing Loans, to discuss what to do when the mailbox money suddenly stops.
Learn your rights as the bank, how to communicate with the borrower, and how to rectify the situation easily and painlessly so that the payments resume as soon as possible. Remember, you should not be in the business of chasing your money! Join us to learn how to get past a hiccup with the borrower and get your money chasing you!
Remember: Subgroups are FREE for PRO and LEGACY MEMBERS ONLY.