If you are looking only at REOs things get a bit more complicated.

Otherwise, the non-judicial power of sale foreclosure is carried out as follows: A notice of sale must be: 1) recorded in the county where the property is located at least fourteen (14) days prior to the sale; 2) mailed by certified, return receipt requested, to the borrower at least twenty (20) days before the sale; 3) POSTED ON THE PROPERTY ITSELF AT LEAST (20) DAYS BEFORE BEFORE THE SALE.

It isn’t overly complicated but taking action is key.

Greg, Contracts don’t have to be complicated to be effective.

And this is in the context of a conventional 30-year fixed conventional loan, not community bank portfolio loans with 5-year fixed rates.David, for sure, this would not be an "arms length transaction" and deep in the bowels of underwriting hell is the complication that you would need to disclose your ownership stake in the entity in question (e.g. at least via 1003 application.)

Getting an appraisers' license is a little more complicated than you think.

The seller has no such right in CA.The only remotely similar situation I can think of is that in some states judicial foreclosures have is a right of redemption period (typically one year) during which the foreclosed owner can redeem (repurchase) the property by reimbursing the purchaser in full.A short sale just a straight sale between seller and buyer with the exception that the mortgagee must agree to taking less than payment in full.

You don't need a computer to do something you can easily do in your head or with a calculator.Don't try to make things more complicated than they are.Mike

No I don't, you're over complicating the process.Can you not make the super easy process of building a buyers list not so complicated by nonsense words like "branding".

You will not be allowd by most all banks to assign an REo or a short sale for that matter.For your all cash buyer, the only ways to circumvent that is to double close as Jesse mentioned, form an LLC and make the offer in that LLC, then sell the LLC to the cash buyer for your profit margin.If they will be using a HML, it can get more complicated as your offer is now not ALL CASH, it will need to be made with financing.