stuff like that happens all the time - bottom line is you don't know the details and by that deal not happening, you probably saved yourself a lot of money.

There are tons of things you need to do to investigate a property (maybe I should write a detailed piece about it - hmmmmm): investigate liens, encumbrances, zoning, HOA . . . if you're trying to rent it out: tenant law, market rents, general landlord knowledge . . . if you're rehabbing: covenants on working, comps . . .

HUD's site, "Help for Homeowner's Facing the Loss of Their Home," provides a step by step plan and offers more details on HUD's loss mitigation programs.

BTI should have included more details in my first question.

ianternet, Give us some more details on your short and long term goals.

Again, google it or find a 1031 TIC company and they can explain all the details.

I didn't ask any details about the house (I don't care) - I simply asked how much he wanted for the house and where it was located.

Also, there was a post on here from a seasoned investor stating that she uses a Non-Compete & Non-Disclosure form before she gives away too much detail (i.e. address of property; seller name; seller phone number)...where can I find this form?

This $495.00 will be subtracted from the 3.5% commission.After we had gone through the minutia details, he states that he would assign one of his employees to handle my acquisition of the property.

What are the details of her loan?