I remember in a realtor training course or one of my many investment courses, this problem was discussed.You may have some rights that work in your favor.

Now is not a favorable time for (new) investors to make assumptions or mistakes.

The numbers are close with the back tax numbers, but why pay the full amount, we're doing them a favor, we'll fix it up now and get it on the tax rolls now, vice them having to wait a few more years and let things deteriorate more in the mean time, public complaints pile up, and end up with no more cash to show for it.

They would be doing the bank a favor by bringing an all cash buyer to the table with a quick close before wasting more time.

I write my own contract and slant the terms in my favor whether I am a buyer or seller.

May the luck favor you and I pray god for your fortune.

My husband and I own some unsecured GM bond paper and it is pretty clear now that we willed be wiped off in favor of supporting the UAW which burns us quite a bit.It is true, we will recover from the bite, but for the UAW ?

But, if a person can select an area with favorable trends (appreciation, rents, inflation) - and I think this IS possible (e.g., the RE market is not that efficient), then I can see circumstances where someone can make money, even though they start underwater.

The judge may well rule in his favor.

Therefore, we plan to market (insert business name) as a professional investment company who “does what they say,†and provides all parties in a transaction with the most favorable results, to create and sustain long term personal relationships.