I'm in a team who does these deals and we have a team of "door knockers" who go back weekly till the auction, they file bankruptcy which only delays 3+/- months 100% chance that the lender will as that their mortgage is removed from the bankruptcy they file NOD yet again.   

Home sales hit their lowest level in almost 30 years, so it's not unusual to see a property sitting on the market for many months.

Foreclosure sale price + accrued costs mean sale price on satisfies loan.  

I’ve heard so many inspiring stories about members who started with nothing and now own multiple properties by taking a chance.

BUT I have also heard that it could trigger a due on sales clause, bringing the note fully due at any moment.

My mistake for not inspecting the property beforehand. Paid 12800.based on google mapsThe property is a mess. Need to clean the junk out of house .. hoarder . Bathroom and kitchen need redone. Large tree in back is de...

James and his people who manage the program are nice and give basic sales and negotiation advice but not much that moves the needle in any situation.

We’re working in a smaller market like Cornelia, GA, where comparable sales data can be limited, and want to make sure we present a strong case to lenders.

@Zach Denny - I agree - chances are the institutional lender won't be comfortable with an owner-financed 2nd and 100% combined loan to value.

Don't start throwing ideas at them like seller financing or numbers etc until you have an idea of if they actually intend to sell and what their needs are around the sale.