@Jensen Bouzi I hate to say it but I’m in the same boat.

I seem to be in the same boat as Pedro. 

It is at this point that REO or ORE is held by banks and as Ann pointed out, there is no difference between any lender, that the property, a car, airplane, boat, home or office building is not obtained for the use or consumption of the lender but to sell the property at the highest price possible, again, to satisfy the debt.The foreclosure process is not a purchase for the lender, it is a means to satisfy the debt, if the property does not sell at the public sale, the debt is not extingushed and remains outstanding until it is paid in full.

For the when:  I’d like to see us not having to be tied down to SFL to physically show up to a boat/office inside of 10 years.  

Looks like we're all in the same boat :( Does anyone out there in Raleigh BP land have contractor recommendations?

I have a good friend who wholesales boats/yachts using assignment of contract. 

I'm in the same boat as you!

You must split your purchase price into principal and interest for each of the tax years, and then continue the 12% clock on the principal amounts, up until the date of redemption.If they quote you $2,000 and you buy on a best price offer for $1,000, then the 12% interest accrues as of the date you receive your tax deed, on the entire $1,000.Does that address your concerns, or did I miss the boat?

I am actually in the same boat!    

Kristine Marie Poe I agree, so close to closing I wouldn't rock the boat.