If the foreclosure auction occurs, the short sale is dead.

A lot of lenders are overlooking delinquencies that occurred around the time the RE bubble burst because so many folks went through foreclosures.

Hi, I have a new topic:  Insurance Coverage for vacant properties in which a water leak has occurred, racking up $7,000 in water/sewage costs within 3 weeks.Does anyone know of insurance coverage to cover the water/sewage bills for such events, whether vacant or tenant-occupied (in which a tenant was away, for instance)?

@Ned Carey @Terry RoyceYou are successful in the B'more market so my question to you is with these title companies how quickly does the closing occur and would a newbie expect the same time frame, or do you get expedited service because you are a known quantity?

Then it occurred to me, "Hey!

Did I discount the property to the harm of the bank when I sold it by not getting competing offers or listing it on the open market?

Giving out that info would be a breach of fiduciary duty to the client as it could harm the seller if a deal falls through etc. and other things that can happen.

The crash occurred and after the two builders sold the homes they had purchased lots for they ceased selling.

Here is a warning.Make sure all living things, people, dogs, cats, fish, birds, etc...are out of the home when you do it, and don't go back inside for at least a half an hour after the machine shuts off, then open some windows to breeze the place out.Ozone is harmful to breath and will harm or kill living things.Good Luck!

If you are the property manager and there is an electrical issue yet you aren't a licensed electrician and attempt to make repairs that result in harm or death of a tenant than you are most certainly liable in every way regardless of your entity structure & insurance.