๐Ÿฆ Early Access | Non-Performing Note Opportunity โ€” Atlanta, GA
We are presenting a time-sensitive opportunity on a privately held mortgage note (hard money loan) currently in active foreclosure. This is a controlled early-access brief ahead of formal package release โ€” not a broad marketing piece.
We have been in direct communication with foreclosure counsel. A prior buyer did not perform, which reopens an immediate window for qualified, executable offers.
๐Ÿ“Œ Asset at a Glance
  • Property: 223 16th St, Unit 5 โ€” Atlanta, GA (Atlantic Stacks)
  • Asset Type: Condominium โ€” strong in-town submarket
  • Loan Type: Private / Hard Money
  • Origination: July 2023 | 2-Year Interest-Only Structure
  • Original Loan Amount: $700,000
  • Purchase Price at Origination: ~$850,000
  • Estimated Unpaid Balance: ~$700K range (pending formal confirmation)
  • Foreclosure Sale Date: May 5, 2026
๐Ÿ“Š Valuation
Recent comparable sales within the same complex indicate:
  • Estimated ARV: $855,000 โ€“ $875,000
Meaningful collateral coverage exists. A discounted note acquisition may present a favorable risk-adjusted opportunity for the right buyer.
๐Ÿ‘ค Borrower Context (informational only)
Through our direct engagement in a foreclosure prevention capacity, we have non-public situational insight on the borrower:
  • Borrower has expressed clear intent to resolve
  • Recent financial changes suggest improved near-term capacity
  • Potential exists for a structured workout with a new lienholder
This is contextual โ€” not a performance guarantee. Relevant for buyers who incorporate borrower engagement into their acquisition strategy.
โœ… This Opportunity Is Well-Suited For Buyers Who:
  • Acquire non-performing loans with collateral support
  • Value assets with strong underlying real estate fundamentals
  • Utilize borrower engagement as part of value creation
  • Can operate within a compressed timeline
๐Ÿ“‚ Data Package Status
We have formally requested full loan-level documentation:
  • Payoff statement
  • Reinstatement quote
  • Itemized arrears
  • Loan documents
Materials will be distributed as received to confirmed interested parties.
โญ Next Steps
This brief is being shared for preliminary evaluation and buyer interest assessment ahead of full package release. We intend to submit complete, qualified offers to the lender โ€” not exploratory interest.
If you want in on the early look:
  1. Review the details above
  2. Reply here or reach out directly to confirm interest
  3. Be positioned to review full package and submit a formal LOI on short notice
๐Ÿ“ฌ Contact
Harold Waters, Jr. | Watermark & Co. Note Group | Distressed Asset Acquisition & Evaluation [email protected] watermarknoteco.com, Office: (706) 372-6128
This is a time-sensitive, execution-driven opportunity. Timeline is compressed. Reach out early.
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Harold Waters
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๐Ÿฆ Early Access | Non-Performing Note Opportunity โ€” Atlanta, GA
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