According to comedian Jeff Foxworthy:
You Might Be a Redneck If…..
-Your wife is also your cousin.
-You think Sherlock Holmes is a housing project.
-Your front porch Christmas lights are on in August.
-You think genitalia is an Italian airline.
-You carry a fishing pole to Sea World.
-You own a homemade fur coat.
-A seven course meal is a bucket of KFC and a six pack.
I think you get the picture! What does Jeff Foxworthy have to do with the note business? Let’s take a look:
You Might Have a Bad Note If…..
-Your note is 6 months old and you have received no monthly payments.
-The property you sold burned down and you did not demand fire insurance be purchased.
-You got a down payment but the check bounced.
-There are more cars in the front yard than in the garage or driveway.
-Your buyer told you he and his wife will live in the home alone. Neighbors say 10 people live there.
-You have little or no documentation to support your transaction and are bewildered that no one wants to buy your note.
I think you get the picture!