It's a called a "waiver of deficiency" letter and do not close without it.Do not believe anything the bank says unless it is in writing.You also have to know which department you are talking to.You can get conflicting information depending on if you are talking to customer service,collections,loss mitigation,the short sale department,bankruptcy department,and the foreclosure department.In big banks these are all separate but in some local to regional banks one person might be handling multiple departments.They will all look at it differently with various goals in mind for the the loan file.

Most of us are happy to help with answers.There are, on occasion, a few who simply prefer to argue or raise blood pressure, but, that is the case anywhere.

Let’s also assume property location doesn’t matter in so far as the plan is for them to be professionally managed (ie, Texas vs Vegas vs Beverly Hills doesn’t matter so much but prefer not to invest in ‘war zones’)….

None of them want to lose a customer.

I'm used to bad customer service in this industry, but my experience with HUD attorneys (and attorneys in general) has always been good...sucks that even attorneys these days are reflecting bad on the industry.

Once you are on the investor side, I hope your customers fall for your homes like it seems you have on this one!

I prefer the other company that Lowe's sells but both work fine.

Here they aren't accepting new people and when they do every 3 years or so there will be a line of people waiting overnight, first come first serve.I prefer to stay under 10% of residents on section 8, there isn't one I've had that doesn't turn into a problem at the end.

The high ones sometimes have large advertising budgets that some customers have to pay for.

Raje, is there a specific property type you want to buy in Orange County.. ie, did you prefer single family homes, multifamily housing, retail, industrial or office properties?