Loyal Listener and Note Nerds, this episode is just for you! Czarina ever so simply unpacks documentation and lays out a default process, even the seasoned Note Investor will appreciate. We’re guessing this is an episode you will want to listen to at least twice!
(And Chauncey returns with Czarina’s training results. Let’s see how she did…)

[00:43] A little bit on “How to talk about your Note Business”
[02:51] Docs: Promissory Note and Security Agreement
[03:48] ***Learning Exercise – Part 1***
[08:02] Simply Defined: Notes and Mortgages
[10:17] Simply Defined: Notes and Deed of Trust
[13:00] ***Learning Exercise – Part 2***
[14:44] Simply Defined: Land Contracts
[17:26] Chauncey reports back with Czarina’s Training Results
[21:38] Default Waterfall – A Process Flow
[22:24] Step 1: Communicate with the Borrower
[24:52] Step 2: Modification
[26:16] Step 3: Cash for Keys
[27:00] Step 4: Foreclose
[28:04] Step 5: REO
[29:21] Episode Recap

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