I know the market had priced in a .25% drop into loans for the last few weeks maybe a month.

I'll be dipping into the RE market here in one way or another.  

Seller agent disclosed today that the seller is filing for bankruptcy.I am already in escrow.Besides the checks that the title company will do, is there any additional steps I should take to make sure that this house is not subject to repossession by any creditors?

What should the market rates be before I consider refinancing out this loan? 

Professional marketing What was the outcome?

Tips on other types of lists and how to market to homeowners would be helpful also.

Hey everyone,Are there any sites you would recommend for market research on an area other than looking at census data?

As I’m not very familiar with the US market, I’m doing my own due diligence.Any thoughts or advice on these markets or others I should consider as well as any other considerations? 

Short answer is as little as possible.The long answer is it depends on the deal.Typically you end up in a subject 2 situation when the current owner has little or no equity in the property, the current advantage of subject 2 properties is that most mortgages are below current market rates.Keep in mind when acquiring a property subject 2, in most instances you are not notifying the current lender of the change in ownership, and most if not all mortgages have a due on sale clause, which is the lender's decision if they want to enforce it or not.I personally like the idea its a great way to get investment properties with low rate loans, that with most likely appreciate in the coming years.

Do you and your wife stay in one market or do you move around often?