During this period, it is vital for all parties involved to be in constant communication if a short sale is in the process.Also realize that during the foreclosure process the lender is using a “Trustee†to handle the foreclosure process.

Grammar and the ability to communicate well are vital to any business.

I am assuming each state operates differently, but any info I could recieve would be vital.

I hate the word QUIT.... challenges are hard in life yet vital to overall growth.

I would appreciate any contacts or leads in the right direction but time is vital in this situation.

@Gino Barbaro I would 100% agree that those are the most vital steps.

I do believe finding partners that lived through the last cycle is vital because when the going gets tough, the flakey will bail, but those that have lived through it will be able to weather the cycle but also pick up on the opportunities left by those that throw up their hands and run.

It is vital to understand the responsibilities you take on when entering this industry.

This allows you to focus on what’s vital to you, whatever that may be (work, business, charity organizations, time freedom, family time, travel, helping others, etc…), while living the Cash-Flow Life!

While I agree that it's vital to cash-flow, from a metrics standpoint, you will actually perform worse on a cash on cash and IRR perspective using a 15 year versus a 30 year.