They want to sell houses fast as well and highest and best always complicated and delays the process.

You will need to check with your state to find out how long the redemption period is if it was a judicial or non-judicial foreclosure.Here is another resource: http://www.nolo.com/legal-encyclopedia/free-books/foreclosure-book/chapter11-1.html

I had no idea it would get this in depth and complicated, haha.

I didn't even think to dig that deep into the basics, but I'd rather have a firm foundation of the knowledge than an okay understanding of complicated/risky concepts.

This would work in most Judicial foreclosure states because the process is dragged out, in non Judicial states, the people might be thrown out & the property sold off by the time the lis pendens hits the record in a judicial state where a foreclosure can drag on for over five years, from the time of stop paying to the time of sale & set out.

Yes I pay 5k more on paper, but I get back from the assign.Also it will be better for resale.I know it's a bit complicated :)

Now anytime I've looked into this before it's always seemed much more complicated.

Certainly we know we have judicial and non-judicial foreclosure states.

Of course, this can be done legally, but it’s complicated and expensive.Pooling money with the expectation of making money from the efforts of others will generally be considered a security.

Corey Dutton Some areas of the country are so hot right now, Fresno, CA has a 2 week inventory of housing, Denver, CO is less than a month, Orlando is down to less than 3 months, in a JUDICIAL state.