It was preferred to buying it before the sale with a ton of liens attached.I've seen a few done lately with private lenders, smaller mortgage companies, mouse houses(last resort lenders), small local banks, but anyone larger or national your just going to hit the "clerk wall" and have to wait for the red tape, the company lawyers trying to justify their existence, and for them to finally offer it.Really miss the old days when you dealt with the bank executives direct, they did better for the bank, and it was still good for us.

I'm in Texas and I presented the attorney with specific information to a particular property so that may have had an effect on the price.I'd like to hear form others who may have gone through this.

A lawyer is usually the one that files on behalf of an owner.

It will effect your DTI and credit scoresb.

(viii) aids or offers or attempts to aid in locating or obtaining real estate for purchase or lease;(ix) procures or assists in procuring a prospect to effect the sale, exchange, or lease of real estate; or(x) procures or assists in procuring property to effect the sale, exchange, or lease of real estate . . ."

I think the bank's lawyers would know what you were attempting to do, and might possibly shoot the contract down.

Not getting or knowing the total payoff is an absolute DEAL KILLER for me.If you encounter this, go to a reputable Title Company and they are usually pretty effective in getting payoff's in these situations.Good luck,Jim Watkinswww.dfwmentor.com

Many people who end up seeking help from churches, other non profits, social service organizations, and consumer rights lawyers have been drawn in and spit out by these so-called 'foreclosure solutions' MLM programs.All too often the promised "soluition" fails to live up to expectations leaving the distressed homeowner in worse shape.... having wasted prescious time and perhaps after spending hundreds of dollars for an otherwise free for the asking service.Do some people benefit from such a one-stop solution shoppe?

In a lawsuit, the only winners are the lawyers.

it matters what type of business in you're in, what business entity will be most effective for you (taxes) and which will provide you with the greatest protections (assets).having said that - don't get caught up in all the craziness of the ultimate buzz word in rei - "asset protection".a business has to have a plan.