It was the government through monetary policy and other inducements that created demand- but that's not sustainable because people with middle-income jobs could not reach into their pockets and continue to make payments for houses that had sold at multimillionaire prices.

You describe something similiar to a sandwich lease where for all intents and purposes, the person in the middle is a broker and can get in trouble as such if you aren't licensed and things go way bad.

Thanks for all of your advises, it turns out this agent is in the middle of quitting (or being fired) from the current broker and getting in to another; he has been sitting on doc for over 3 weeks (mostly basic REO disclosures that needed to be signed and return to selling agent) that he didn’t know how to pull them out of Windforms (Realtor Online Contract data base); asked seller’s agent questions about them over and over; lack of REO knowledge (REO Specialist printed on his card) and couldn’t care less for his last few clients…Relayed the facts above (with a little help from the selling agent) in addition to the tangible misled evident to my agent’s boss and got only 18 moths worth HOA fee ($810) credited.Yes, another rookie’s lesson learn; just didn’t think he would be that much out of line for a major issue like such; considering he’s a 72 year old guy with shallow ethic.

Minimum 585 middle credit score and 5% down, 30-year fixed, interest between 6 - 9.9%, no PMI, no pre-payment penalty.

Arlington, being smack in the middle, you can farm both Dallas and Ft.

Originally posted by "deeperpockets":Apparently sharing GREAT info is spam.No . . . posting an ad pitch in the middle of a conversation is SPAM.

In fact, that's still my plan, because I'm in the middle of refinancing right now (not with Chase), but it's good to know there are other options out there.

I am trying to do a lease option in which I am the middle guy who sublets to a tenant-buyer.

Its like im rowing away from the dock on a small boat into the middle of the ocean and looking for new rich land.

The only parties that need to worry about closing costs are the buyer and the seller.You as a wholesaler are kind of like a middle man.