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FHA mortgage insurance also encourages lenders to make loans to otherwise creditworthy borrowers and projects that might not be able to meet conventional underwriting requirements, protecting the lender against loan default on mortgages for properties that meet certain minimum requirements.

I guess some people need hand-holding, or huge injections of encouragement, or the perfect 'plan', or whatever.

This may further encourage him to lower his price.

As moderators we try to answer in a way to point the newbie to the posts that already covered the topic previously.We encourage you to go through the forums that appeal to you on a regular basis.We will keep the vigil and do our best.

I encouraged him to foreclose faster than the first and he did.

That said, there are some lenders that will shy away from providing funds to a buyer who is participating in a double or simultaneous closing (they are concerned about both fraud and chain-of-title issues), so you could run into that as well.My best suggestion is to find lenders who will support your purchase and sale strategy and "encourage" your buyers to use your preferred lenders to finance their deals.

If regular buyers are encouraged to go after short sales, then the REOs will be left for investors.

Then, if they find information that they think justifies a modification or even a lawsuit, then I believe they will encourage you to pay a fee to have your loan modified.

This will only encourage slumlording at it's worst and it will be run by drug lords and gang leaders who get wise.