Projected CoC is 30-50% pending how you structure the debt, reno costs, etc.

They will be 10+ years before they can start again. 2 have pending lawsuits.

We are and we just went pending.

Being first to the list agent is sometimes useful (more so a few years ago than today, but first never hurts) being first immediately after a price reduction or a change in list status from pending to active is yet another.For me, pursuing million dollar plus properties was two fold, one, it was a natural progression for me and the next step in the ladder for my business and two, I saw the market was starting to change in late 2011 in that properties we're becoming more difficult to find (good deals), competition was increasing as more all cash transactions were taking place, and I knew that my strategy of using my relationships with top REO brokers and asset managers who were giving me deals BEFORE they ever hitter MLS would not last much longer, thus, I had to play the numbers game on the MLS like everybody else (or direct market).

It may actually support their claim.There are people that teach you should be applicants that you don't want to rent to into the "pending" file.

Make sure Oxford does not have any pending lawsuits.  

As you can see they are "closed" and the sellers have not heard from the city about any other incident.01/03/2013CLOSEDDEMO COURT09/19/2012CLOSEDDEMO COURT03/22/2012CLOSEDCHECKLIST INSPECTION What we want to make sure is that there are no other incidents pending and that the city of Chicago doesn't own the property and are not planning on going through with the demolition.

@Joe Demonte I do plan on being there next week, work pending.

The parking situation/easement issue was not disclosed before offer made/accepted.I have contacted the vacant lot owner and have a contract in place to purchase the vacant lot pending close of the REO property (26K).

The yearly expenses according to the seller are (I will ask for verification pending my offer):Homeowners $2509Flood $1325County Tax $224Boro Tax $308School Tax: Waiting to hear but looked at millage and estimate $950ishUtilities, trash, etc: $6,000 mortgage: between 400-450 (depending on sales price) Using these numbers:   $35,200 income   $ 16,750ish expenses   $ 18,450 profit (minus 5% vacancy?