A while back, I expected a rout in total employment, but I hadn't expected "IT" to take such a large toll in just over a year, ramping up its effect over the last four months dramatically.

I work out of Garland and just started professionally in the past few months.

I can only hope things work out for you in the future as now is the time to handle the immediate things facing you today.

He has been working with the lender in order to get the property sold (short sale) or work out a Deed in Lieu of Foreclosure.

Tell them that you want to work out a solution that's good for everyone.

Just make sure you work out a good agreement with your investor spelling out who gets what share of the profit and who covers what share of the expenses.

If I (buyer) work with an agent with whom I have NOT signed any contract, is the agent free to approach the seller and work out some arrangement....in other words, the agent makes money from me (buyer) AND the seller?

Not all of these are going to work out as Short Sales (which is why you need to learn), some could be great as a Subject To, others could become Lease Options or the seller could carry back a note and you could get in for little to nothing out of your pocket.

Then, when the appraisal came in, they routinely wanted the property listed at that price for 3 months before they would consider discounting it.

hi kylercouple of things I need to know which state are you inI am not sure how it works in the US with regards to funding but here you need to find another funder or you can go to some one like us ( now I will say us in a generic way as we do not operate in the US)but people like us negotiate with banks or funders to take out the bank loans and you can do that direct as well as long as you can find a negotiatinggroup or company.if the bank is fore closed thenits the same as if a house is foreclosed just a bit biggeryou are going to see this more in your market and rich what you are talking about I do here in sydney everyday of the week and work out a way of organising funding to come into fund out the finish off and also negotiate out a reduction in the first teir debt to allow for the higher cost of the cash finish off money.it is a bit specialist but its there in your marketI for one would be very interested in the banks that are falling overnot sure who or how the banks would be held there ours are held by what we call liquidators or receivers and these are the guys I talk to multi time a week for different deals.if the bank is to be resold or rebirthed then the only asset of the bank is the loan book.what size of bank is this you are talking about is it a regional a community or major if you wish pm me or send me an email so I can disuss or send to rich and he can on forward to me.