Any advice on how to position a subject to or lowering the price to the homeowner at this stage in the game?

so to start off and briefly describe my situation, i am in the stage of education myself and learning as much as possible about RE.

What we do know is that you are in the "asking what to do" stage, lean toward such advice and see your attorney, don't do anything without proper consultation.

And could just be a good learning experience in general.I recently bought a couple good books on flipping (J Scott's book has a chapter on this topic I think) that might shed some light, but my hunch is that in a good market, a staged, newly-remodeled house will almost sell itself.

I am still definitely in the stages of learning, I just know that If I do not take action I will be stuck in the analysis paralysis stage.

We are at similar stages in regards to RE.

Personally, at this stage of my life, I choose to work from home, travel a lot with the family when I can, and leave the on-site micro-management of properties to others (so that I can be free to "chase the next deal" online from wherever I may roam - which leads me to invest in condos (essentially hassle-surprise-free), setup online infrastructures for management (managing teams via emails and telephone as opposed to managing properties hands-on), and aim for a multitude of "spreadsheet" properties as opposed to two or three "big money making" ones, which would necessitate personal attention in most cases.

Hey @Mark Ferguson ,How long is a HUD home in the Owner Occupancy Stage?

I asked him if he was planning to stage a open house for which he said, he rarely does open houses as he has been successful selling houses without them. 1)For houses in the 150k range, Will the realtors do an open house?

@Carrie Pledger , you need to know what stage the foreclosure is in, how much is the bank loan and how much it is in arrears (if it's behind on the payments).It's possible that the owner is able to get the bank to do a loan modification and ask them to postpone the sale.You can do a shortsale and if you get it at a low enough price (e.g., 50% of what the house is worth), you might be able to borrow money from a hard money lender.