Not in my market and how can a bank know or prevent a broker from telling me about a property located on 123 xyz st that is currently occupied but will have the eviction process happen soon?

I would add another factor that I see upcomming in the near future to the potential recovery woes.As those older frogs are getting ready to leap to that lilly pad, in order to get the needed medical help to live a little longer, they are often required to sell most, if not all, of what they have to qualify (currently) for a lot of the needed assistance of the older years.This will inturn mean that as the housing industry is ready to begin a decent recovery in a few years that there may be a flood of homes owned by those older frogs begin to hit the market, keeping the prices from recovering as some think they will when the banking forclosures are finally absorbed as these may begin to hit the market at that time.As Rich said, it is still a time to BUY, BUY, BUY, but at a discount and may remain that way for a while as the baby boomers houses hit the market preventing the great predicted recovery as a lot of these were financed with the proceeds of 401's and IRA's.

They get a place to live where things work, and I avoid unnecessary damages and keep my units up.

There is no way to send a Mass PM beyond a few people to prevent members from sending SPAM.

The reason Title companies and attorneys say that it can't be done, is due to them being potentially investigated for mortgage fraud and them having to go thru unnecessary litigation.

In Georgia once a house is sold at the tax auction the owner has the option of regaining control of the property for up to 12 months before the title changes owners.This is done by repaying the debt to the buyer plus 20% interest.In order to protect my interest and prevent the owner from speaking with any other investors about the property I drew up a contract that basically said that my company represents him on all matters concerning this property, and that we would receive first right of refusal when it comes to purchasing the property.

Prevent MOLD at all costs.

That is a key element to the Bush-altered domestic policy that has been critical to preventing terrorist attacks.

This will take some doing and is best done through a good real estate agent assuming that the property is in a good area for such rentals.Another remote possibility is to convince the bank that what is needed is a construction loan to get the property back into rentable condition with the entire rental income to be paid directly to the bank until such loan plus the original loan is caught up.This last thought was hopeful thinking on my part, but with banks seeing so many properties going into foreclosure it might be a way they would consider to prevent such foreclosure and get back everything on the original loan.

Branham,It seems like you are seeing great opportunities to buy and that a successful acquisition of a distressed new subdivision could both save you the hassels of those initial set ups as well as you could prosper at the same time that you help to prevent libilities associated with un-managed properties in your area.Your ability to leverage into the deal would help determine whether you would only control the property of a while, or you would be able to continue what is left to completion of the construction to make the properties saleable in the near future.Your ability to leverage also help you keep options open as other investing opportunities comes along the way such as cash flowing properties that you can receive on-going income from while you focus on reselling the homes in your subdivision individually.There are many great opportunities in this market, however, they are not great opportunities for you if you are not able to get involved.