Although, the law says Tax Sales are conducted every 1st Tuesday of the Month, not every county conducts a sale on "EVERY TUES of EACH MONTH".

You can assign a pre-foreclosure as long as you are not conducting a short sale with the bank.The equity in the home is the FMV of the property – what is owed on the home – repairs.Assign the contract to the end buyer at the highest price you can get.

I have not conducted a background yet.

I'd really like to chat with someone who has experience in conducting short sales.

FL and is always conducting real estate seminars on options.Good Day!

If there are no bids higher than the opening bid, the property will be purchased by the attorney conducting the sale, for the lender."

There are issues of self dealing that can apply if that new collateral is not as sufficient as the prior collateral and frankly, I doubt many brokers or investors address the issues as they are usually leaning toward conducting business in their own best interest.

It's plain and simple, he's conducting work within the scope of his company's business charter or operating agreement.

The most important factor is the time spent conducting business.

If there was a Hall of Fame for investors, Lonnie would probably be in it.It's too bad too that so many following this scheme did so as preditory dealers to the extent of having federal legsilation adopted to restrict the practice.I guess the best way to proceed is to make enough on your fist few deals, maybe sell the notes for cash and pay the fees to become a licensened mortgage originator and a dealer, otherwise you'll be limited to conducting business.BTW, Another similar "system" involves selling land, if it's zoned residential or can be used as residential raw land, it also falls under the SAFE Act.