Bare in mind, you will both be liable for payment until you are removed via sale or a release from the mortgagee.

My listing barely receives any responses on loopnet, but when I sent an email blast using buzztarget.com, I received a dozen calls that same day.

For such instances, I would take the normal ARV of this home and reduce by a bare minimum of 15% and likely 20% just to keep me safe. base your offer price on the lower adjusted value knowing you have to disclose which will chase away a large % of your buyer's pool, regardless of how nice the area/neighborhood is.

This is not an issue I want to barely make it by on.

I make too much (barely) we have a son.

Ironically, my friend currently has a lady that has bare land in a 1031 that is sold waiting for a suitable property to exchange into.

Mixed in that number and hard to separate out are the re-defaults from both forbearance and modification that simply can't make it work.Now bare in mind, the total number of foreclosures has been forecasted to be around 15 Million.

My only problem is that, I'm young college student, and I barely make money; I don't have a down payment to start with, and money is tight right now..To make it worse, no one in the family knows about finance besides me...

Many are barely above subsistence farming.

, or B) Are they in cahoots with agents who list these properties or know which one will be available to bid on so they can began advertising early?