Who Is Doing This Mortgage Recovery Process
Private Wealth Academy has brought this process to the limited public. PAR is the legal recovery agent for the reconverted funds. HERA is the firm that works with the Federal Reserve to reconvert the notes into Federal Reserve Notes (cash) for us. This process costs us ~$4000 up front to complete, but we aim to ‘sponsor’ as many people as we possibly can for FREE!
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Double Money-Back Guarantee for Mortgage Recovery Secrets
Yes, we offer a double money-back guarantee in cases where it is found that one's mortgage note is unrecoverable once Phase 3 (i.e. private admin process for recovery) has commenced.
What Happens To The Note When Refinanced During Recovery
If a person has a note sent for satisfaction on LOAN #1, then they refinance into LOAN #2 during the recovery period (~12 months), the funds will simply be applied towards the current note, NOTE #2. That same person will also be able to recover NOTE ...
How Long Does The Mortgage Recovery Secrets Process Take
The satisfacton process takes 60-90 days, once the loan is reporting to one's credit. The recovery process takes ~12 months, if the process takes longer than 24 months one can receive $8000 back by forfeiting any right to recovery of the note to us.
Why Does This Promissory Note Reconversion Process Work
Upon purchasing a home, a buyer actually acted as the investor and issued a promissory note backed by a mortgage, giving the bank an asset that’s traded and monetized/securitized for 15 or 30 years regardless of what happens to the property. The ...
What Are The Costs For Reconverting A Promissory Note
Prior Mortgage / Sale / Refinance / Foreclosure: We require 0% of note's face value as down payment, we will obtain our payment after the reconversion process is completed from the issued funds. For this scenario, because the home/property is not ...