If you enjoy comedy and are old enough, you probably remember Jeff Foxworthy. He grew up in Georgia and made a career with his hilarious routine “You Might Be a Redneck If…”
If you don’t remember, here are 2 examples:
“You might be a redneck if your wife is also your cousin.”
“You might be a redneck if your front porch Christmas lights are on – in August.”
I think you get the picture.
This got me thinking about the bad notes I have seen over the years. With a touch of reality – and some foolishness – here is a flavor:
You Might Have a Bad Note If….
- The downpayment checked bounced.
- Your note is 6 months old and you have received NO monthly payments.
- The property you sold burned down and you forgot to get fire insurance.
- There are more cars on the front lawn than in the driveway.
- Your buyer said only he and his wife will live there. Neighbors say at least 10 people are there.
- You have no documentation and no proof of payments received. You are shocked no-one will buy your note.
We are here to help you avoid creating a bad note. Feel free to contact me with your questions and concerns.