Sorry.Did in a bit of a rush from cell phone.Here's the scoop....Thanks BPP.S. looking for insight on how to tackle the underling private mortgage, taxes and possible liens especially.SOURCEYellow Letter PROPERTY Tamarac, FL 33319VALUE Subsection Lowest Solds within last 90 daysComp 1 98,000Comp 2 100,000Comp 3 119,000Average: 105,700TAX2013 2661.842012 2545.56MORTGAGEPrivate563.24 Principle + InterestPrevious owners holding noteHOA ~ 125.00 monthlyREPAIRS Owner not aware of any repairs neededOCCUPANCY Vacant NOTESSeller motivatedCant afford paymentsHeadache - wants nightmare over with Owes at least $12,000 in taxesMoved out 20 years ago hasn't seen house sinceMight have a lien but not sureOwes HOA 657.19. - received a letter from their lawyers recently.Hasn't received a foreclosure notice yetEx husband had loan paperwork.

I often wonder if the repairman is objective since ours also sells used appliances.  

Having qualified leads delivered to me helps me focus on my objective.

Sell your contracts ASAP and get a back up buyer just in case, tell back up he/she will have first access to next deal if they dont get this one.You dont need a license because you are a principle in the transaction.Some will say you have to inspect the property but ultimately all that matters is that the end buyer inspects it and is willing to pay more than what you have the property contracted for.Other parties include title company, you turn contract and earnest deposit into them.

Same principle.

When the market was great, i would get $5K down or more non refundable towards principle. 

The objective is only to get them to call you...period!

NOS refiled then Mrs. files ch 13, we object and somehow the court approves the plan.  

Could be many arguments for and against acquiring many properties with leverage and losing or not losing them all problem is most people dont purchase the properties based on sound financial principles.

This minimizes interest expense and maximizes the pay down with 100% of the payments through May 2015 reducing principle.