And, in order to do that, you will obviously need to make arrangements for them to subordinate.Unfortunately, the only difference is between an active loan and a written off (bad debt) loan is your dealing with the recovery department instead of loss mitigation.

Improvements to the income stream and future recovery will = huge gains for the wise investor.

pg=3Meantime Pittsburgh which is #25 (The last one) on the list you mentioned, is #3 on the road to recovery aaccording to CNN /Moneyhttp://money.cnn.com/galleries/2009/real_estate/0910/gallery.housing_price_forecast/3.htmlPerrysburg, OH is not even mentioned on your list, Rich and yet it is #1 on CNBC list.http://www.cnbc.com/id/33733815?

You have to have people qualify with the average wage for the average home, or I see no recovery.

.: (b) Any person against whom such a recovery is sought by : motion may request that the court in which the action is pending : determine the fair market value of the real property as of the date : of the foreclosure sale.

I'm also presently seeking other areas of the country where the market cycle is in the nascent recovery stage, and where quick-flip wholesale equity plays are possible without having to deal with short sales or REOs.Longer term, I'm looking for cash-flowing commercial properties.

Consequently, short sales will not substantially mitigate the impending resurgence of foreclosures and REOs.To see the entire article, go here:http://www.housingwire.com/2010/03/15/housing-recovery-is-spelled-r-e-o/- Ken G.

I do Judgment Recovery as well as real estate.

This in turn hurts us and our economic recovery.

Wonder when the pin heads in news media will show these stats to the public and let them know that the economy shows a glimmer of recovery .