Then i started to see and hear about people having major problems with these types of loans and foreclosure growth rates started skyrocketing.

The vast majority of lease option (and land contract) buyers never buy the property because they're really nothing more than renters to start with.While you're waiting for the lease option "buyer" (someone with bad credit but a big pile of cash) to show up and "buy your house", you could have simply been renting the house to a tenant.

Yard and Regional Signage: All statistics indicate that a majority of new homebuyers find properties by way of the for sale sign.

The vast majority of newbies fail in a short period of time and the number one reason is lack of cash flow.

i work outside of the MLS to package developement deals for investors. what i'm noticing (and regretfully what I didn't plan for) is the fact that the majority of my 500 + investors are tied to projects for the next year or so...

The vast majority of lease option "buyers" never buy the property.

That is good advice in this case.The real estate market is teetering on the brink of a major downturn.

I don't know if the other investor has made an offer, and I already know that there is going to be some major work with the title on this property(probably more than this investor is going to be able to handle).

Now the majority of the time these houses are not redeemed, so you end up with a house for the taxes owed or whatever you bought it for.Keep in mind that you will not be able to get title insurance until the redemption period is up.The actual auction is held at the county courthouse and normally by the sheriff, but the tax appraisal office or the tax assessor's office will have the information about it.

But if I can get my taxes down by at least half, I'll get a major ROI on my investment the first year, not counting all subsequent years, so I feel it's worth it.Hope that helps.MichaelBP Blog Contributor