It may not be THE job they want but they can find a job.2) New Residents: There are in excess of 6,000 people moving here each month.

Be prepared to loose 100%.

Now my grandmother is going to loose the house unless I step up and do something.

The excess inventory that has built up in some of the larger markets will be absorbed over those quarters, particularly in Florida and Las Vegas as their population growth rates are very high.

I had plenty of time to search for a deal and didn't need or want an excess.

Why should they take a chance and loose their jobs.

I mentioned in a previous post about loosing a deal just last week.

I am currently dealing with someone like this, they still owe about 98% of the mortgage that i know of and they need to get out without loosing much money.

The rules are to prevent preditory lending and excessive profit this is an honest deal with a reasonable profit.

I believe in most states the owner would get the excess after the loan and all fees were paid.