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the big question is always what happens if your buyer defaults what kind of situation is that going to put you in well heres the thing what we traditionally know as something thats bad in real estate like a defaulted payment or if the house burns down whats traditionally bad to us is actually good for the person holding the note because if the buyer stops making those payments what the seller is allowed to do is to foreclose take the property back and sell it all over again where theyre able to keep all of the previous payments from the defaulted buyer and when you start to understand that youll see really clearly as to why banks are in the business that theyre in to them they see it as theres more money easier money with less headache in owning the notes on properties rather than owning the properties themselves