You can offer to help with their moving, close quickly, cash offer, hire probate attorney for them, help them through bankruptcy (doing this now), whatever it may be.

One thing I'm not exactly clear about is bankruptcy.

Minimum of 2 years from Chapter 7 or 13 bankruptcy discharge Minimum of 3 years from Preforeclosure, short sale, deed in lieu, foreclosure from discharge date or release date.Down Payment Requirements The borrower is required to make a minimum down payment into the transaction of at least 3.5% of the lesser of the appraised value of the property or the sales price.

The owner has declared bankruptcy, is supposedly trying to save his home via a HAMP modification but that's hasn't moved fast enough to stave off foreclosure.

OTH, if they had a bankruptcy last year and prior they had years of bad credit, they may not cure the problem in 3 years, a lender may want to see 5 years of good behavior.

Well I have a lady whose house was up for auction in November and she filed bankruptcy so now I sent in my authorization to release information form to her lender and she REALLY wants to get rid of the property but since its tied up in bankruptcy what should I do?

Play ball with them, tell them if they don't help you may be forced to file bankruptcy.

I am subscribing to a professional service that provides me with professional comp reports as well as foreclosures/preforeclosures/fsbo's and bankruptcys.

I find most of my leads via the Lis Pendens list(these are the doors you knock on), but we have a few referrals form a real estate agent we know, and you could check with local mortgage brokers, bankruptcy attorneys, divorce attorneys, etc, etc.

But don't buy into their success stories...the pictures of paychecks people receive at closing...its all smoke and mirrors.Try Dwan Bent Short Sale Secrets...it comes with some good Bankruptcy stuff as well.