Drew,I have no choice but to call you out on this one, if for anything else, doing an extremely poor job:Lets me share a couple of links to prove my point.http://www.zillow.com/advice-thread/should-agents-be-required/217187/http://www.zillow.com/advice-thread/Should-Zillow-management-start-enforcing-their-Good-Neighbor-Policy/217146/http://www.zillow.com/advice-thread/Zillow-welcomes-Harrison-Painter/216013/http://www.zillow.com/advice-thread/Five-Reasons-Not-to-Buy-a-Home-This-Year/198421/You will see a trend of attacks.

I'm not sure securing these loans with autos would be a choice I would make (most auto owners have leverage above and beyond the value) but even in the case that they owned it outright, the last thing I want is a used car lot>That said, I think you are on to something, but it semms "risky" to me without better security.

If you believe in the Bible, you have no choice but to plan for bad times.

In the area I do business, the reo's are putting in the addendum no assignments and instructions to title company (their choice) not to fund their escrow with the funds from another escrow (dry close). so escrow will not close, and as Scott said in some areas it is now against the law..

Interesting choice of avatar giving the fact that it shows a bird with the smallest brain...

Sorry, but I am skepticle.A REALTOR with experience in short slaes is probably a better choice since you pay nothing.

Oh, they have great choice right now.

However, if I had a choice, I would price it near the avg. price for a distressed comparable.

I want to make a smart choice.

Perhaps any other markets I haven't listed that are solid choices?