Your question is excellent- and by extension, relates to the reason for my joining a company that is perfect for these times.

Should I worry about developing an extensive buyers list right away or should I just go find some deals and build my list that way.

Seems like alot of people here are extensive experience in Short Sales.

(Solve that by offering one year extensions or seller financing if they fail at financing

Take a trip to Lowe's or Menards and spend a couple bucks on dirt and extensions for the downspouts before going for the big fix.Making sure the water runs AWAY from the building is the place to start.

In fact, even if you are already in business, chances are you don’t have an extensive cash allocation earmarked for promotion, or you’ve tried many different advertising approaches and vehicles and haven’t hit on a really successful campaign yet.

An extensive film, video and marketing background.

Length of lease with some type of back-out clause in case he interferes with tenants or whatever the situation might be.Length of lease with extensions at no rate increase for X amount of years or until possible future sales date. 75.00 per lot rentExclusive right to rent all lots (meaning - no other units other than ours - not even his)A date established (in steps) to allow units to be placed prior to lot rent.

The ARVs for condos in the area are roughly $230k for extensively renovated condos (which we would evantually do.)

Iam going through an arduous process with WAMU myself.My case:I have a Condo (primary residence)1st and 2nd mortgage with WAMUtotal owed: $680KI knew I would get into trouble because my business went flat a 5 months ago and my cash reserves are being extinguished.I downloaded the information from WAMU site and submitted a complete package with an offer from a neighbor that is interested in buying the property if price is OK.I submitted ALL documentation to WAMU with the offer, proof of funds (50% downpayment) and prequalification for buyer through Wells Fargo.Offer $375,000 - prices for 2003 as per tax records.Nothing has been sold recently (18 months frozen market).WAMU sent an appraiser on Sept 02 and by Sept 04 the appraiser confirmed that the report had been submitted to WAMU through the third party company that manages Appraisals requests (REM).I have the name, extension number and e-mail of my negotiator but it has been IMPOSSIBLE to talk with her or to get anything from her.Her last (only) e-mail on the 23rd said that she didn't have the apparisal report (I tried to get to her to try to resolve it, but nothing back).Now she is in vacations until the 14th.I had been on time for my payments until August.I haven't made my payments for September - cash reserve extinguished.When will this default start affecting my credit score?