I have since found someone who better matches my needs: to the point, watches dates and paperwork like a hawk, advises me to keep my next steps going, is assertive on presenting my offer, keeps everyone informed in a timely manner.

So, there's no way to accurately predict what your buyer will end up selling the house for and what it will appraise for.You just need to be able to get close to those numbers, and you need to be able to support your assertion of those numbers.

In other words, there are variables that will determine how to proceed.I will disagree with your assertion that wholesaling is "easier and straight to the point", however.

(notes)Buy a bunch of properties (notes) for cheap (you think) hope it all works out (this time) but you're not holding the risk because you're turfing it out to investors (who REALLY don't understand) based on assertions you don't have the data to back up I wonder if they'll have tranches

As a CNBC watcher I can get fed up watching professionals assert one prediction to then turn around a few months later and completely contradict themselves about future market growth/ decline.

I completely agree that they were correct in both of those assertions and have gone on to read the book two more times with each time improving my reading abilities once again.

While pre-qualifying, the lender attempts to gather general information which describes your credit history, current income and assets, debt (if any), typically without pulling credit and/or requiring hard documentation to prove those assertions.

I see a lot of people on here stating what is and isn’t legal, but I’d recommend doing your own due-diligence and confirm those assertions with someone that holds a license to practice the applicable area of law for your questions.

Could it be that they failed to receive proper notice of the foreclosure action and, thus, may still be able to assert some kind of redemption right? 

The assertion that the taxes are only going up is not valid in this case.