Solo-k Asset Valuation Formality (1) Whether a formal valuation is required will depend on the transactions that occur with the plan and the form of the plan. a.

This competition is occurring between cash investors and first-time buyers, with reports of multiple bidding on discounted foreclosures becoming the norm.Some agents are reporting multiple offers, and over-priced offers on their foreclosure sales.

. :-)I hope/think it has made an appearance…I'm a quadriplegic & in kind of cash flow is greatly needed and appreciated… Before my accident 13 years ago…My daughter had a favorite babysitter, at the time… The babysitter was 15 years old.Now she is all grown up & has a few kids of her own, nice guy for a husband and they are looking to buy their first home.This is what I'm hoping to get involved and help everybody out.They had made an offer on a short sale, but… The process was too slow & their loan had expired before they could even use it.I've been all over the Internet for the last 2-4 years just being a sponge, trying to sift through as much BS as I could.I was able to find a title company that would out right purchase a piece of property for me (willing to put the piece of property under my name/company name), as long as I had a buyer ready to purchase right away.What I would like to, is to do seller financing/creating a note & let it season for a few months, then turn around and sell that note…I don't think I'll actually be making a lot of money from this, but… Maybe making just enough to make a down payment for my next piece of property & throwing the snowball down the hill from there…Their credit scores must be pretty good, they had already prequalified for a loan… The short sale process just too long.I was wondering if there were any "templates" for contracts and things of that nature… If someone had a link to where I could purchase or download for free.

Can expect unusual things to occur though.Tom, yes water and sewer paid by me because one line to 2 units.

I used to think this...but having researched the matter pretty extensively since, I can't begin to fathom the fallout that would have occurred had the major American banks been allowed to fail.

Double dip recessions occur 1-2 quarters apart.

The overage only occurs when that $392K debt is exceeded by some bid; and if you're the noteholder, and you got outbid in this example to the point where there is an overage, you should be HAPPY to have been outbid by almost $200K above what you bought the note for - take the money and run, and let the former owner get the overage "pocket change".

Bryan, I'll have to check out that book.So I had looked at a property and put an offer in last week at $38k- it occurred to me that I can put the whole thing on my 40k HELOC on my primary home, fix it up, and then take it to a portfolio lender.

This particular case occurred in January of 2011.

After I realized what I had done I clicked on the "report abuse" button on my original post and in the comments explained that I had accidently selected the wrong forum.