Season 3 - Episode 18 - Reinstatements vs Payoffs
Reinstatement's vs Payoffs? What is the difference and when should you account for them in your due diligence. These seem to be two numbers that cause confusion when analyzing non-performing mortgage deals. It's important to know how to interpret these numbers and what to do with them. Jasmine and Natosha break down what expenses and costs are included in each scenario and give you examples of how they can affect you deal down the road. So sit back, relax, and let the ladies of The Note Assistance Program ensure you are properly prepared to place your bids on this episode of the Naked Notes podcast!
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