Such areas will have lots of lawyers, agents, banks, tax consultants already familiar with FIRPTA for the Indian investor.I will be willing to rent out to anyone who pays the rent, is willing to do minor fixes himself, and will not trash the property.The major objective is a long term investment in US for self use + investment.

A cheer for this catastrophes management.No one ask the collective world for help, no one take out BP from this scenario, no one consult lead academics.Which crime to our nature, incredible.

If the buyer is all cash, then you should invoice the cash buyer to be paid on the HUD as a consulting fee.

Typically if the auction is held properly junior liens will be wiped from the property title (not from the borrower being foreclosed on...but the property)2nd and junior position mortgages, such as home equity loans, etc...Credit Card Judgments recorded after the foreclosing mortgage Personal Judgments recorded after the foreclosing mortgageMechanic's Liens recorded after the foreclosing mortgageTypically, Federal, State, Utility, and Child Support liens will survive.Always consult and attorney, but this is a good rule of thumb.

Hi Everyone,I live in Oregon and we're one of 14 states that has foreclosure consultancy laws.

Sometimes investors remove the kitchens and put them back in though... illegal and in law units are always a grey area and you have to do a lot of research which usually involves consulting with your attorney to make sure you understand your risks. 

I'm a newbie to real estate investing, however I have been a financial consultant, residential mortgage loan officer and a commercial loan consultant for many years.

As I'm sure an insurance consultant is held to certain standards and responsibilities to their clients, so are Realtors.

Much better rent to value dealsPotential for better cash flowsCash flows will be in US dollars US already has had a correction and Canada is due for oneLarger networkCons:- Have to consult a cross border accountant, lawyer and tax specialist which can be pricey(Quoted to be 350-1200$)- If you buy a property in the US personally without an entity there is a 30% tax u have to pay which can be circumvented by filing US tax and claiming the rental income- Will probably need to buy an LLC or LLP(im still learning the difference with these two) and dont know what situations would benefit the best for this. - The exchange rate is bad for Canadians which some people point out if you repatriate the income from US it will be gobbled up by the FX people here in Canada and may benefit CRA and IRS which im also trying to sort out how. 

It was a small company & I did some consulting work with them after I left, but it is a possibility.