It's given me food for though definitely.

ex: Seller contacts me to buy house cash, but over leveraged with mortgages/liens. 1) Check the comps 2) Visit the property, estimate repairs, condition and estimate current and ARV values. 3)Present my offer to the seller (Which they usualy accept), and get the POA for the short sale. 4) Submit the offer and short sale package to the bank. 5) List the property on the MLS (I am the seller and is subject to my short sale purchase approval, and must be cash, hard money or conventional - title seasoning issues) 6) Put the property under contract with end buyer with attached 'subject to my pending short sale purchase addendum. 7) Wait for and meet the BPO agent at the property (have key to property and let him in with you present).

I plug that into the worksheet package my CPA sends each December.

Kel,Almost weekly I see packages of REO's from banks that are looking to dump thier properties.

With Obama’s proposed $800 billion stimulus package you are at a cool $8 trillion!

The reason lenders are willing to work with us and give our clients more favorable rates is because we offer a complete breadth of financial services in one package including access to a financial planner, cpa, real estate attorney, credit repair and online educational courses.

Contacted Chase and they said send them a short sale package.

(they read your copy) mmm, food smells good.

Basically the bloke (Tim) now only works 4 hours a week on or in his business which sells some brain food drink online.

Going to be a lot of people with just enough money to pay for food and rent.