Today is my first day and I found wealth of information on REO's, that's just awesome.I liked some of the comments made about not being emotinally attached to the properties and would definitely contribute to my metality of looking at buying real estate, not as an investment alone but as a business.

:lol: even though I know there is only .01% chance they will accept the offer but...I will let you guyz know.This is my first REO offer..so even though I don't want to admit it I am little emotionally attached to it...

They also have a nice free little property management tool attached to it that allows you to create web ads and a nice little button to post the ad to craigslist.

(if so, you can just attach it to your forum posts) I'd actually be quite interested in seeing how you've got it put together.

A lien is a the proper recording of an unpaid bill that is attached to the property.

Subtract a mortgage payment of $266 (10 years @ 8%), that leaves $233 left, or $116 per unit.That is based on a 20% down payment and 5% closing costs, leaving an approximate ROI of 40% (based on $6986 out of pocket costs).I have attached analysis sheet that I created for this.

., Bank, Others who have attached a lien to the property, etc.) have one year to redeem it.

What they can do is attach a promisory note to the deal.

I'm thinking of getting an inspection, then if everything structurally is ok with the house, making an offer of $140k and attach a $30k earnest check to let them know I'm serious.

The worksheets that are attached to this guide are designed to lead you down the path to success.1st Step to goals is to get clear on what you want to happen?