It was amazing to look through the abstract and to see how the people who owned it before it went into foreclosure had borrowed in excess of $75,000 on it.  

The reason is things have to be perfect to go correctly.When a buyer instead is dropping 50% or more down some of the lenders (look the other way) and are loose on underwriting.

I didn't loose the forest through the trees but the trees are important in investing and lend credibility to the story. 

With enough elbow grease I'm sure it can be knocked loose. 

Land lords and investors prepared will take advantage of the excess inventory and price dip to buy.Oil changed the economy forever...Dot com changed the economy forever...The boomer retirement changed the economy forever...The millennials are changing the economy forever...Not so much!

Not to mention the fact that the dog might get loose and run into the road, or get injured somehow.

I am having trouble on the calculating side figuring if I can use the money back from the finance to make more than I am loosing with the .50% extra rate.

The amount that was withheld on the sale is excessive.

I really want to but a house ASAP because I feel like I'm just loosing money..

if there is excess from sale after paying off the Chase loan and all their costs, you would be in line for that.