The easy way out is to calculate the maximum due, declare the breach, initiate the foreclosure then mitigate and settle for a smaller number.In essence, you "give away" something that you are not really anticipating receiving in exchange for a forbearance and loan modifixation during fire closure that includes clause(s) reassertion of the debt and Ted new terms.This type mitigation gas both the affect as shivering your willingness to work with the debtor in good faith and further salidifies the debt should the bpdebtor escalate the mitigation into litigation, file BK or breach the forbearance, Even if you do not take further aggressive action to force sale, you would do well to send periodic statements to debtor in order to reminds them the debto is still due. 

Deal in good faith and at least attempt a negotiation before dropping out. 

It demonstrates good faith on your part. 

Wishing all continued success and best of Health & Happiness, always Keep the Faith - Mike

Seller finds out information he told his agent in confidence is used to compromise the purchase price, influence the principles, and therefore the deal becomes a deal in bad faith.... 

After you successfully close, shake hands, thank them, and ask if they have anything else they'd like to sell or know anyone who does.If you are faithful with writing the letters it will get you a property in your county for under $100 in marketing cost. 

You are putting your faith in the individual they will perform as outlined.Do your homework as an investor to place your money and you still need to analyze the investment.Love the post Jason.

The money for me wasn't an issue, the issue is good faith in business.

The founding of the United States was based on many Christian Principles but also giving everyone the FREEDOM to follow whichever faith they desired.I will go to my grave believing that the ONLY reason Obama got elected was because of his race.

Hey guys, I am a newbie looking to get started in real estate..I want to first say I commend everyone of you that has taken the leap of faith and you have not looked back in in your real estate endeveours..