ptr120
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Post by ptr120 on Aug 10, 2015 14:47:35 GMT
I've noticed on the secondary market there are lots of people selling parts of a loan I hold (Stanmore property) should I consider that a warning sign that a few have spotted something wrong, or is it just flippers?
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adrianc
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Post by adrianc on Aug 10, 2015 14:52:37 GMT
Find me any one of the many recent property loans without a whole raft of parts for sale...
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blender
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Post by blender on Aug 10, 2015 14:56:01 GMT
It looks normal to me. I have some for sale at par - the current discounts are too high for me.
I think if there was trouble someone would say on this forum.
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markr
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Post by markr on Aug 10, 2015 14:57:54 GMT
No need to worry at all, it's just cashback flippers, who bid on loans with cashback then immediately list them for sale after receiving the cashback payment.
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