The lender will see yet another reason they have to short it.So, while some lenders may not require it to be listed, it really should be for your benefit.

If Scott's testimonial means anything to you, you'll see that there are certain benefits of doing our interviews beyond simply bragging to your friends.

When buying an REO property get a preliminary title report and review what it says.Personal note; When buying I always buy title insurance to benefit the buyer.

You have to weigh the costs and the benefits.

You would have 40k to invest elsewhere and receive the benefit of any future appreciation plus current depreciation write offs. 8)

You will have learned more and will likely benefit from a new conversation with them.

No pissing contest here either---just pointing out the shortcomings for the benefit of other readers...Regards,Scott Miller

I have had my eyes on this site for a while but only joined now because I believe I can now bring something to the table for our mutual benefit.

People are making a lot of noise about this in the SE market, but I'm not sure I understand the full benefits of the tax break.

I will get the enjoyment from living in it and will get the benefit of not having to pay taxes on the profits that go into my second house when I do finally sell.I have been scouring the foreclosure listings every week, but am kind of stuck as to what exactly I should be looking for.