I don't know if 359K versus 399K would move the needle in regards to interested buyers, but it's already the lowest-cost-per-sq-foot listings in the area (for anything 2000+ sq ft), so maybe it would make a difference, and maybe not.

Our hands were tied by the systems and the people and everyone at the bank who touches the deal.

I WANT THE PROPERTY and have invested a significant amount of money to upgrade the plumbing, heating & electrical systems and replaced all the windows.

Shanequa, I think that is a great system!

U.S. banking finance is a fractional lending system, in lameness terms means for a bank to issue a loan of say $100.00, the bank must have only $10.00 in reserves, and the reserves is factored many ways, not just as cash on hand.

Hello J Martin-Can you say what system you use to cull out thethe properties you don't want to follow up?

Make friends with a title officer and they will give you access to systems that let's you pull any document you want.If you have MLS access, the ones in California come with a First American product called Realist that gives you basic ownership info for free.

That said, I'm sure they are not all leeches on the government who have figured out how to work the system for their job.

If one of my employees, when I was a manager, messed up, and they did, I didn't even get upset, I would just send them home as "punishment". [ note that I did not dictate their salary at the time, the corporation did. and I felt they obviously needed that little paycheck, and did not get terribly upset for their mistakes ]The point was that the banks, while a payment from a different source might be considered a constructive notice, have put in place systems [ computer / minimum wage worker ] that intentionally ignore it anyway.

Once you have that system in place, and it can take a while since you have to prove yourself to others, usually by making them some money, then you'll be set.