I think I am kind of confused when it comes to the short sale process... are the banks still willing to short sale if the foreclosure has reached final judgement and the auction has been scheduled, or is it more effective to find those home owners who just had Lis Pendens filed and save the bank the trouble of the rest of the foreclosure process.Thanks

now today after finally getting saxon to accept 330 on the same house, they inform him that they wont pay 5% realtor wages, they will only pay 4%.

When I consider a property, I consider the acquisition cost (purchase price + rehab cost) and have only been buying at an acquisition cost of 50 cents on the dollar or less.

Do you think due to the fact that the house never passed final inspecton and was never finished I could get a better "price" for this house?

Everything finally seemed to have gone through but now the tenants say they can' move out on the closing date because the apartment they had lined up was rented out.

Apparently the heavy inflation of prices in this area have finally died down.

But -- anyway -- my specific question is: Why is it that after a REO MLS Listing goes to: "Pending" -- it never changes forward to "Sold" - and it never displays the Sale Price that the bank finally accepted?

Hi, after an embarrassing amount of time spent going to seminars, I'm finally 'all in'.

Looks like what we need is an article/blog on how to structure an entity to act as a conduit for financing acquisitions and seeking investors without getting into SEC requirements!

hello,i've been doing a lot of research the last few weeks and this forum came up in many of the search results on google so i decided to finally join.