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This is Manny Gathers with Best Money Strategies. Why are Notes the safest and smartest way to invest in real estate? Let’s look at a real estate note transaction that ends up being a deed in lieu and REO sale. What that means is, a deed in lieu is when the homeowner, that’s unable to pay their mortgage for whatever reason, agrees to give the keys back to the property to the lender, or the bank, in exchange for being able to walk away without being financially destroyed by a foreclosure on their record.

So essentially they agree to return the keys, do not damage the property, walk away, and they don’t have this financial burden on their credit or anything going forward. The lender now has the property without a foreclosure battle and they [...]

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