erence ("net") between the sales proceeds and an amount desired by the owner of the real property......The use of a net listing places an upper limit on the principal's expectancy and places the broker's interest above the principal's interest......If a net listing is used, the listing agreement must assure the principal of not less than the principal's desired price and limit the broker to a speci?

Point is, if lenders were pushing the issue on enough of these cases, then someone less rational than you would likely have litigated it, at least to try to get an injunction to stop the foreclosure at the district court level.

Mortgage volume is down to it’s lowest levels since 2010.

For us the first level is finding potential: Growing population in an area with growing jobs near convenient transportation, shopping, services and entertainment options.

Main level - enclosed porch, living room, dining room, bathroom, and kitchen2nd level - 3 bedrooms, bathroom,Attic - sitting area, un-permitted kitchen, 2 bedrooms, office, and un-permitted bathroom. and lots of storage (I will take out the kitchen and bathroom and cap everything so it is compliant)basement - new gas boiler, and water heater, unfinished but +9' ceiling height.

And having that 2 week upper hand on your tenant comes in handy.Those are only a few of the positives.

Having more time on the existing lease may be an advantage if rents are at market level.

In some places (I'm thinking larger, denser, more expensive metropolitan areas), condos are well-accepted by purchasers (particularly entry level purchasers) and fairly liquid.

Thoughts on reinvesting it into current house (fixer upper) or investing in another property to hold, flip, rent??

It is a two level home that currently has 7 tenants in it and will continue to lease the property out after we leave.