Thank you Chris , I would have to do something like this as the homes that are there now do not warrant repairing. too much time and money involved.

I don't see the reason to have arbitrary "deadlines" to buy things without considering if the current situation warrants that kinda decision.

Keep in mind, this is the Midwest, so things are probably a little different, but in my experience with banks/lenders, you just don't have enough equity in your property to warrant the risk they would have to incur making a loan on it.

I like to bid 8-10% off list price and even more if the numbers warrant it or the house has been sitting a while.

I didn't use a management company because I didn't have enough, in my opinion, to warrant using one.  

In most businesses that allow customers to make monthly payments, furniture and appliances for example, no dollar amount owed is too small not to warrant a letter from their lawyer threatening court action.

Get title insurance at closing, that bank is simply saying they will not warrant title but the title company will see how the bank obtained title, from a foreclosure.

Just because someone transferred a property by Warranty Deed, does Not mean there are no liens, just that the seller "warrants" clear title.  2) Less likely, they could be waiting for a deed transfer from HUD back to WF, or a POA for the sale.  

Is the condo warrantable?

Did the seller warrant anything?