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Dirt Law at Ground Level

October 17, 2011

LANDLORDS, TENANTS AND A FEW TOTAL STRANGERS (2)
Author: W. Christopher Barrier

Years ago, I had a client who was buying real estate notes and mortgages at a discount from various extenders of credit. Almost all represented home improvement loans, and most of the purchases were from the home improvement companies themselves. But, one batch of loans in particular were being sold by a small credit life insurance company in a small town in northeast Arkansas, to improve its liquidity.

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