This meant that I couldn't use transactional funding, because they typically only fund for a day and it took 3-4 days to get a signed deed back from the seller who was out of state.Has anyone ever encountered this roadblock?

:wink:After having this encounter, I also decided to write the names and addresses down of all the lawyers in the probate files, because I thought it might be good to contact them about potential properties as well.

I still see thousands of "Vote for Obama" bumper stickers around town on the Subaru's and Prius's.

Never encountered this myself, but having been a Realtor, I would suggest finding out who the Realtor is representing.

Like others I've encountered this more times than I can count, including on "trash outs" and "burn outs" that have sat so long the agent has forgotten they have the listing.I always use one of the two following answers; "OK, withdraw my offer then", or "if I lose it, I lose it".

When I'm preparing to attend another event at which I may encounter those initial contacts again, I may look up their info and study it a bit so I can say hello to them at the event, hoping to keep them fresh in my mind (and keeping ME fresh in THEIR minds!).

These cases are not what we usually encounter, but we've definitely found homeowners lately that really are at rock bottom and have NOTHING else.

Clifton, When making an offer on the 1st, we usually back into a number that's a % of UPB, after running a BPO, and backing out typical expenses the sr. lien would encounter, such as Realtor commissions(6%), property preservation & maintenance(1.5%), Taxes & condo fees due, Legal & recording fees, Closing costs(@ 3%), Opportunity Cost (6% lending to client base), carrying cost (1.5%) , and REO costs.

Thats what I have been told at times, I havent encountered many of them like that yet.

Has anyone encountered the Foreign Investment Real Property Tax Act when doing a double closing, simultaneous closing?