There are a large number of pending foreclosures that will affect the market over the next couple of years, putting further pressure on inventory levels.

Assuming clean title and no other positions and no back taxes and no pending lawsuits tying up the property in any way (lotta research...), his $144K first might be worthy of a $160K buyout tops, with him covering legal fees.

Asking price 100KRenting 900/mo through 6/2008Highly motivated seller due to pending divorce.

EricRefinancing can be blocked if the property was listed for sale in the prior X days or weeks.Not all Realtors are all that savvy as to the best way to deal with a pending foreclosure.So, two valid reasons that refinancing might not have been in the cards when the listing was created with seller financing being offered.John Corey

Obviously, in terms of the "Big Picture" there has been a crisis of secondary market confidence with regard to the enormous increase in borrower delinquencies and pending or actual forecclosures which has led to a major culling of the ranks of wholesale mortgage lenders... now probably close to 125 lenders who have closed up shop within the past 5-6 months.Actually, many of those lenders were little more than "Super Brokers" in that they relied upon warehouse credit lines or correspondent relationships with "Big Brother' lenders.It's somewhat analagous to our belief in the notion that a $100 bill is actually worth $100.

ID=549456&PropType=RESNote: The above mentioned property is Now under Option pending.

(note that I have no pending deals, it's just my vision of starting)I've been lurking on the boards non-stop the last two days (that’s when I found this place) and am even more of a rookie than I thought.

I can not tell who I have submitted or how many are pending (prior to acceptance).

For those who do not meet the requirements for a business commercial account E-Renter USA Ltd. has developed a patent pending process that will still allow you to check your prospective tenant’s credit and to ensure that your standards are met.

These are essentially Pre-Foreclosures (Properties Pending Sale due to Delinquent or Non-Payment of Mortgages).