So, the much-sought-after Black Eagle, so-called 27500, Mexican bond is again in high demand. I know it's not easy to find and many who claim to own it do not. They may have paperwork which they copy over and over again but that proves nothing. The due diligence required to process such a bond includes a search of data bases which tell the whole story. It's like doing a title search on a property. Remember that. Photos alone tell only a small part of what's necessary. On the other hand, if you are a seller, be wary of any buyers who claim they can close quickly. The process usually takes more than two months. Anxious brokers say you can close in four days. I have never see that and I never will. I know better. Most buyers may have down payment money to make purchases but they often have to borrow the capital needed to actually close. Or, they may need to set up joint ventures to secure the money needed to close. Those things take a lot of time. In the meantime, your bond gets tied up for many weeks. Most buyers are borderline dishonest, if not outright dishonest - much worse than used car salesmen. Beware. Most brokers who have somehow found sellers have often come away discouraged with what they have encountered and still, they try to put deals together. Unless you have a great sense of humor and can absorb the absurdity of the entire bond dealing scenario with a good attitude, stay away because you will only end up frustrated and disillusioned. Enjoy whatever it is you do and count your blessings. Things could always be worse.
Wednesday, August 29, 2012
Black Eagle bond 27500
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I only know 4 people who have been successful selling or buying Mexican historical bonds.
ReplyDeleteDid you actually see proof that they got paid?
DeleteHi, do you know what the black eagle 27500 initial paper total issue was worth ?
ReplyDeleteHi, I have a question. I know someone who seem to own such paper, with identification, pass-co, etc... He pretends he can sell those for billions od dolars. I 'd like to understand why such worthless paper would be worth so much... Would that mean that the mexican Government would now be ready to repay the initial debt ? Thank you for your input.
ReplyDeleteSir if your friend does in fact want to sell his Black Eagle 27500, I have a buyer in Miami very interested if all is on the up & up. I can send procedure info after we talk in person Contact: Chad @ 540-556-9269 Thank You.
DeleteSir if your friend does in fact want to sell his Black Eagle 27500, I have a buyer in Miami very interested if all is on the up & up. I can send procedure info after we talk in person Contact: Chad @ 540-556-9269 Thank You.
ReplyDeleteChad, i have a friend whit that document, he want to sell it, but there are some conditions, if you are interested please send me a mail terra_dali@hotmail.com
ReplyDelete