I've come to the conclusion that a very good way contacting these distressed mortgages is at the source; brokers or lenders that issue the mortgage.

Charles, I didn't read the complete article, but I find it hard to believe that the banks will park all this money for just 0.25% return.Here's an article addressing the question:http://www.newyorkfed.org/research/staff_reports/sr380.pdfHere's the conclusion from the article:We began this article with a question: Why are banks holding so many excess reserves?

Can anyone that reads the several helpful posts that I took the time to write in this thread come to the conclusion that I was judging her?

Oh, BTW - where I go, we have sheriff sales indoors, not outside on the steps.Christopher's post is correct in that these are often homes that have been neglected while the owners had financial difficulties; repair bills can mount quickly.What Curt describes is not allowed where I bid at sheriff sale; if the bidder can't put up money to secure their interest, the property is re-sold before the conclusion of that day's sale.So, I think what we have is a bunch of varying rules and practices that are very localized - so one of the the most important things is to know what the local rules are for the foreclosure auction.

I could see different judges coming to different conclusions.

Before you jump to the wrong conclusion, don't assume this is a specific political party. 

Based on my experience as an investor over the past 10 years, working with nearly 100 property managers in Austin, Dallas, San Antonio, Charlotte, Columbia, and other markets, I’ve come to the conclusion that most property managers who focus on the management of single family rental housing, for the reasons below, provide a poor quality of service.

And secondly you are making the classic mistake of basing conclusions from the wrong data.No, my sheer amount  and volume of leads has NOTHING to do with my "location".

People draw conclusions about a person within minutes of meeting them.

It is a blue print of what a seller needs to see on the site in order for them to fill in the form.As you can see,... mos clicks go to the how it works page, the about us page and the our company page.So the conclusion is that BEFORE ANYONE fills in the form, IF they are motivated at least, they need to know how it works and they need to know more about you!