Show the check to the seller when they sign the contract and tell them that it will deposited with the title company/attorney when you drop off the contract.Using an agent or attorney for the contract is completely dependent on your comfortableness with the process.

Monique I just scratched the surface, We've had a 10% drop in values in something like the last 3 months an article just said recently, on top of the previous 18 months.

If enough people know that area will be bought out the values will drop and by the time it actually happens you wont get squat for it cause they will only offer fair market value at that time.

I really dropped the ball last month.

Now as far as I know if you sign a contract you have some type of liability to perform within the contract and if you drop out you are usually financially responsible in some way.

So, if you buy at a 30% discount to market value and the market drops another 5%, you've still got 25% equity.

The deal for any plea bargain -- a deal where you drop the claim against them -- is NOT for the $2,000 small claims court limit.

Since the rent is higher, chances are you can bargain with a property manager and drop the fees to 5-8% vs the 10% minimum they would require on a lower rent home (LA home would yield $150/mo income for the property manager at 5% and only $100/mo income for the manager of the Texas home but same amount of work).

I will drop in a review after I attend the training.

luving this site and plan to make lots of great contacts to share info with. anyone lookin to partner up on some south fla. deals dont hesitate to drop a line.