Originally posted by Chuck Redman:Originally posted by Sam Leon:I kept hearing people saying when in a REO situation, if the bank came back with a "HIGHEST AND BEST OFFER IN 24 HOURS",I have read this to mean that they did not receive offers high enough to meet their "minimum acceptable bid" and they are asking the ones who submitted bids to re-offer with their highest bid based on the assumption that their first offer was low balled.Highest and best is not unique to REO purchases, it can happen anytime there are multiple offers on a property.

How is that unique to Mass?

I have however worked with accountants where we've re characterized losses from other assets or investments to do a conversion/roll over from deferred account to a self directed account and was able to cancel the gain presented by taking the funds to a self directed Roth IRA account tax free but each unique situation varies.

Marc, many of the issues relating to financing are not unique to MHs, but to SFDs, including all as defined.

Unlike mortgage interest rates that are governed by specific factors, interest rates in private money are largely influenced by supply and demand as well as other unique factors.

Just a satisfied customer with their very unique service.

And as an example, their own name, NameLab, is a good example of a good name: it gives the reader a very quick and simple understanding of what they do, why they are UNIQUE (very important), and they do it in only 2 Syllables!

This is an underwriting issue and not many Realtors are exposed to these unique issues.

We've had posts on this in the not to distant past, you might do a search, unique deals, biggest deals, most creative or ?

CA law is unique with the owner/resident - tenant/lodger exceptions.