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That would be great, although I know that others had to pay for someone to write their documents. I would go to an attorney myself but am unsure as to what a good contract would entale.

Can anyone tell me where I can purchase good contracts for assignments, and no compete also any other necessary paperwork. Or if someone wants to make a few $ sell me copies of their tried and true contracts. e-mail me.

Thanks,

Do the wholesale contracts themself differ from an average sale contract? Or is it just that you put and/or assigns next to your name on the contact? If anyone could post a sample that would be great!

It is amazing you could quite possibly but entire city blocks for a song, most of the blocks would be vacant lots with a few run down houses that should be bull dozed. But if you buy in the right area the property itself could be worth a lot of money if a private developer were interested in it. But of coarse that is the catch. Detroit can't stay poop palace forever? Can it?

I've been noticing this trend, I was down to my county building today, and found out that all forclosures are listed in a legal news paper whoes office is right there in the building, they publish it daily, but and here's a big BUT I honostly don't understand what they are saying in them, they list the mortgage price and they give lot and subdivision numbers, but almost never give an address for the property, and hardley ever give the city it is located in, so i'm kinda at a loss because the last thing I want to do is bother trustees to point they want nothing to do with me. I'll get it figured out one way or another though.

I'm from a Allen Park, Mi. which is about 15mi. south of Detroit home of the $3000 dollar home. It amazes me how many home are in forclosure in this area, the auto industry has been hit hard and unfortunatly all our eggs have been in one basket, but I BELIEVE it is going to turn around and when it does I want to be established with at least a few choice properties in my back pocket so I can partake in the upswing. :D

Thanks, Ctoilman that helped a lot, and I can see I have a lot to learn. I am going to be attending an area REI club meeting this Tuesday and hope that maybe I can get set up with a mentor who can make this whole process a lot clearer for me.

could you put that in newbie terms :oops:

Was wondering if anyone has used realty trac? And if so is it good enough to justify the $50 a month? Also how accurate is the information on this website? Thanks in advance

Well unfortunatly she is in the middle of a messy divorce, and can not afford the property on her own, and neither can he. So what I am going to do if it is possible is speak to her about letting an investor come in and take it over to avoid having a forclosure on her credit report which is a credit killer + I know how banks like to sell the property back to themselves at a loss, give the owner a debt forgiveness for the loss they take, which they now have to pay taxes on, and then the bank list the house with a realtor and tries to get fair market for it. Unfortunatly I am speaking from experience. My father who is a realtor tried listing the house for her but the Detroit area is extermely slow right now and the numbers he gave me didn't sound bad. Plus if the house were updated someone could make a good profit from this. Of coarse I have to verify the numbers and her willingness to do this.