There are many jobs where an individual works for a company for years to take a pay check but could make much more money if they want out on their own..but they don't.

But the individual in foreclosure can't pay them this amount of money.

Buying foreclosed properties from a bank is fine way to buy and may be ideal for your area if there is a high foreclosure rate.

Ideally, we are looking to bid between 2001 and 2003 prices of those houses.

In CO they seem to reflect at least a little bit of reality as the sales price from the HUD-1 is recorded at the county office.An "indpendent appraisal" is conducted by a (generally state) licensed individual as is relied upon by buyers (sometimes) and lenders for determining their level of risk.

In CO they seem to reflect at least a little bit of reality as the sales price from the HUD-1 is recorded at the county office.An "indpendent appraisal" is conducted by a (generally state) licensed individual as is relied upon by buyers (sometimes) and lenders for determining their level of risk.

The lenders I deal with (CW) (BofA) Citi) are not as open to discounts when they know an investor is the buyer.

It seems like you're saying I should simultaneously be marketing to distress sellers ("I Buy Houses - Call Me") and investors ("I Have a Property To Sell - Call Me") rather than seeking out individual sellers, working with them, and then finding an appropriate buyer to assume the deal - even going into my first deal.

This would be ideal for a short sale right?

I have been given the opportunity to run with the RE/MAX Racers For life, individuals from my office that have been directly affected and I am looking forward to the challenge.