But I will definitely proceed with caution

Excluded from these requirements are sales of property with 1-4 dwelling units that has never been inhabited, sales exempt from real estate transfer fee, and sales by certain court-appointed fiduciaries (for example, personal representatives who have never occupied the Property).

The agent is going to try to come up with data to support their purchase price offer if that offer is below the minimum net proceeds of the bank.

Once a bankruptcy is filed, the owner no longer controls what happens to the property until the Trustee, the Court or the specific state exemption statutes decides it is no longer property of the bankruptcy estate.

Hey all, looking for some advice on how to proceed with a situation with a tenant.

The demand for rent must state that the tenant owes rent and must pay it or the landlord will proceed with an eviction against the tenant.

You would reach a larger audience and could possibly end up courting several potential partners. 

And they only way they will know that you are new... is if you tell them.Because with all the knowledge available along with great people here on this site, you have everything you need to proceed confidently and close some deals

The bank wants its money,all of it.If it was a bank foreclosure sale it would be handled by the court and usually done at a courthouse or other designated area.The bank will always bid first for the full amount of what is owed and you have to beat it or let them take it back and negotiate directly with the bank for a lower price.If that's not exactly what's happening here I wouldn't touch it with a ten foot pole.Go back to the bank and get more information and verify the bank is or is not foreclosing on the property at this time.

If that doesn't prompt him to finish, he will show up in court and want to settle.