I saw it on trust deed bidding site my broker belongs to.

My suspicion is that the title company and loan broker both knew what was going on and were trying to push things through to get as much money as they could before it all went south.

Looking forward to networking with other REO brokers/agents.

The problem is many new investors go to residential lenders or mortgage brokers who are used to dealing with homeowners.

My question relates to real estate brokers.

_r=1&ex=1367121600&en=20afd35f8291bee0&ei=5088&partner=rssnyt&emc=rss&oref=sloginBanks and brokers are not happy with proposed changes to their lending rules.

I'm a broker and I mainly work with investors and I've been approached by them asking about these deals.

Most of the profit is made at this point.While we cannot force them to of course, we need to be absolutely clear at the start that this is the purpose of the strategy.We are considering setting up a mortgage broker to sort of 'pre-qualify' the rent buyer at the start so that if all things remain relatively equal they know that they will be able to qualify for a loan at the end of the option period.

You can do financing but I know for sure with Country Wide they want a preapproval from the mortgage broker.

The Company I work for RC Legacy INC. is a Mortgage Broker licensed by the California Department of Real Estate.