Steve Seller has fallen behind on his mortgage or deed of trust, and the lender is threatening foreclosure.

Statement: After looking for a foreclosure, looking at the numbers, not able to view the property because owners will not allow you, and the deal is so good (location location location) you go to bid on it at the court house anyway.Question: What if the property has leins i.e property taxes, IRS (which have 120 to redeem), construction, and HOA, and you pay to quite the title do you still have to pay the leins#1?

*Too small of a target market in my area*Not enough people facing foreclosure have 30% equity or more*People will think it's a scam (I was just on the HUD website tonight where they describe a similar arrangement as a scam)*Takes too long to flip the property*Property needs more work than I thought*I can't handle the carrying costs*I can't find anyone to rent it*I can't find financing/get lender to let me assume mortgageThose are just off the top of my head.

Do websites like foreclosure or foreclosures.com work for those kind of properties?

Have been told with high number of foreclosures, REO could be easy route to take.

Good morning everyone,I hope your week has been good so far.I need your analysis of this possible deal that my realtor tossed my way.Seller is facing foreclosure.

How typical is it to find a foreclosure at 15-30% under market value?

Foreclosures?

I am interested in rehabs, REO's and foreclosures (or any other good deals) in the Knoxville area.

California foreclosure market.