4 Head Presidential bond sale

We came close to selling a 4 Head bond yesterday. The only problem? The seller wouldn't show the bond. Is that impractical or what? Our offer: 500 million USD. Why do bond owners say they want to sell and then not show up? The only reason I can think of is this: they don't really have the bond, even if all the documentation shows they do. 

Black Eagle bond 27500

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 seen 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. 

Mexican bonds hoax

The market in Mexican bonds is limited. Bonds are plentiful but real buyers are almost impossible to find. If anyone tells you they are buying, make them prove it. Otherwise, the deal is just a little childish game or a hoax. You know the saying: "If it's too good to be true, then it ain't true." Cheers.