Here's a great blog post that I thought everyone should check out:
http://www.themortgagereports.com/2008/09/theres-only-an.html

It analyzes the number of rate sheets issued per mo...

I had one person tell me this morning that this is going to "end REO investing as we know it".

I am not going to get stuck with the bill for a bunch of material I do not need, and a mechanics lien does not pay my crew on Monday morning!

Anyway, I went in yesterday morning and discovered that the shelf in the cupboard next to the sink is badly bowed from fluid damage.

I had a buyer with a prior contract on this house but they could not get financed - so the agent with the management property emailed me this morning to let me know that they have reduced the amount that they would accept.

Good Morning all!

Attached is a link to a CNBC interview of Warren Buffett this morning.

However, they are going to be very stringent on making sure funding is available as advertised by the buyer.This morning one lender notified a Field Guide member they will require the funds needed to close a short sale be deposited with them within 24 hours of the deal being negotiated.

I'm preparing to do a sale on it myself, using most of the strategies of a "5 Day Sale" In fact, I finally got an ad onto one site this morning, and hope to get it on others over the next few days.

I haven't call the property management company yet because I got the email late but I will call in the morning..