The very good news is that is won't affect us "rich" real estate investors.

This particular person works in a department where he has access to files that go pretty much in the following order:1) Owner of property defaults on mortgage2) Bank sends lawyer a referral to start paperwork to foreclose on property3) They have to set a hearing to the judge so that the client (bank) can explain how defendant defaulted on the mortgage4) When the judge grants it, the foreclosure process starts and the property goes to sell5) They then do a notice to sell in the news paper for a certain date that the judge sets the sell6) When sell day arrives, its like an auction in the courthouse, and client (bank) shows up, person that defaulted may show up to bid, and any third parties interested in the property.My question is, is there anyway I can take advantage of this type of connection when in the wholesaling business?

That's good news for us in San Diego because we need the inventory.

Chicago might enjoy trying out freedom and Austin might enjoy what it's like to have some decent sports teams. 4.

Walter Cronkite changed news for the better.

Like Snopes says, I would think this would be big news if it were true.

Apparently it's only going for 150k that includes 2 weeks training to get your sport pilot license.

What does that say to the state of news in this country?

There is trust needed on both sides of this transaction for sure.This is where having sellers with the proper motiviation comes in handy - takes some of the "trust" issues off the table is they see no other way out (or if there really isn't any other way out).But her fears are real - I wouldn't just discount them I would understand them and make sure she understands you get them - becasue it is 100% true if you walk from the deal (and she would have no control over this - she is placing all her trust in you - a stranger) then she is right back where she is now....The "good" news for her if there is any is that either way - she loses her home now or you lose it for her later she is in the same spot - at least with you she has a chance.

It wasn't big news and still is unheard of today for one reason: no government involvement.