We have an abundance of ill-informed homeowners who do not quite grasp the concept of maintaining their septic systems.

Issue a 3 day notice to quit to be on the safe side.

shirleyh,1)Free from defects has nothing to do with a home inspection.2)You need the same things to buy REO as you do any other property.I'm not being funny, but many of your questions in this thread and others are quite confusing because they're either out of context, or just don't make sense.

It's quite simple really, make offers to buy if you have the capacity to actually buy, don't make offers if you don't.

A Summary of Bobs Situation•Bobs Father Past away in February •Bob has been made executor of the estate•Bob is not quite sure what he needs to do in this role•He has been left a property which is in foreclosure 3 months behind on Mortgage payments•Approximate property value $127,000•Approximately $63,000 is owed on the property•The property has approximately $63,000 dollars equity.

I've been looking into REO property, 1st time, and it's quite overwhelming with all the info one has to gather, such as liens and so fourth.

Its the same reasoning as TINSTAFL, There Is No Such Thing As a Free Lunch.You hear this whole line of reasoning from real estate agents quite a bit that the seller pays for the agent, but let's put this into perspective.

All the banks I've talked to said I could NOT title under my LLC, so I was told to quit claim it after I buy it and pay transfer tax. thats part 1 of the headache...1 Bank fell through (Quicken, Dont ever use them btw) for reasons I'm still unclear about.

The properties have been vacant for quite some time.

We are not quite there yet folks.