Hey Team, I came across this note deal in CA looking for a direct buyer.
Let me know if there is actually an opportunity here, thanks!...Jim G:
"Trade an old note and deed of trust for a Car or Truck
I have an old note and deed of trust for $15,000 with more than 10 years in arrears
I forgot I had it then couldn't locate the address for a few years
looking to trade for a car total due 33k + 15k approximate, Or cash.. $48,000.
Trade? What do you have?
All assets considered.
Prefer not to sell it , actually but rather borrow against it 5-10k
A simple hypothecation would be great.
If not a sale trade ok
[Original} First was only 90k when recorded
Lost the note (can obtain a bond of course)
Property now valued at more than 600,000
Windfall..
Principals only please"