Realtytrac came out with a report last week that showed tremendous increases from 2011 in the foreclosure start rates in several U.S.

Originally posted by "Ryan Webber":John, knowing what someone owes on a property is a tremendous negotiating advantage.

You will find a tremendous amount of information here.

Hey all,Im glad to be a new member of this great community, ive been reading the forums for a few weeks and its amazing to see the tremendous amount of quality information available here!

You might be looking at more like 20% off.Either way you need to factor 10-15% minimum of ARV (depending on your financing and how much a realtor/auctioneer is charging you) for holding costs, resell costs, and closing costs.If you buy it for 190K, you sell it for 220K, and it takes you 2-3 months to actually close on it when selling with a 10% premium to the auctioneer and closing costs, you just broke even while taking on a tremendous amount of risk.Keep in mind when auctioning it, the auctioneer could take upto a month to market the auction and then the buyer will still probably have 30 days to close.

I am going to find this site to be a tremendous asset.

Our site has been experiencing tremendous growth, and this growth has led to a difficult day.

Unless you are providing the equivalent of a mil-spec for the scope of work, there is a tremendous variable in materials, application, preparation, workmanship, project management, and 1001 other details.

i found this topic/thread very enlightening.the new TREMENDOUS emerging market is foreclosures.shorts, etc.

It is a great way to become wealthy because it gives you tremendous leverage potential (your ability to use credit to acquire more assets than the cash you have).