A lot of voice is given to the "don't bet on appreciation" idea here on BP, and I think 95% of the time that's good advice.

It might be cheaper than arguing and paying the attorney additional fees, holding up settlement and fighting over it.I'll bet the contract and norm is to transfer marketable title, insured title, unless stipulated in the contract, if this is a last minute issue I'd guess it's just the attorney, seeing if he can get away with it in representing his client.There is also another issue so far as financing, if your friend is obtaining a loan the lender will require a GWD being insurable as well, exceptions are made for institutional lenders selling as the property is sold by a corporate body arising out of a foreclosure, a different issue than buying from an individual.Make it a lending requirement for settlement and that SWD may go away.But, ask, are there any exceptions being made and why?

So your best bet will be to just call and talk to some lenders to find out what they can do for you.

Also familiarize yourself with the bet line project south Fulton and mid town are great markets.

@Michael SmithBrianna is exactly right - RT4 allows for more units, but I bet at least one is illegal.

BUT you have to have access to quiet money or bank loans... there is hard money for this but your returns will go down to 20% or so if you borrow at too high a rate.I bet you can do this in CA pretty easy to doing infill in the more popular towns. and metro areas.

I'm betting the original deliquent fees are closer to 2-3k.

Second you can pay a search company to find out all the details you need to know, but this is limited to a certain % of accuracy and option 1 is your best bet.

I would say that your best bet for becoming an REO agent is to create a good relationships with an Asset Manager.

as of Sunday, I am long on Top Ramen noodlesI think puts on Jenny Craig and weight watchers is a safe bet as well