A bank branch is next door.

As you say, there is a bit of a revolving door in the business and others will behave accordingly.

What sites don't often show you is abandoned warehouse across the street or the burnt out shell of a house next door or the empty retail spaces nearby.

To help explain the situation, here are some numbers:Amount on loan: $278,000Escrow Price: $270,000Location: Ontario, CaliforniaPrice of house next door for sale: $300,000 (Same size condo and lot, one less bedroom, less upgrades throughout the hosue)My plan so far is to my moms ex-boyfriend $5000-$8000 to exit escrow since he will not profit at all from the short sale.

You can't just walk out the door and loan money on real estate like the old days.

I spotted a abandoned property along a bicycle trail I ride,So I stopped and posted on the door is the bank foreclosure notice along with the details of the winterization process.

Re-painting a few walls, repairing garage door and opener, it needs a little maintenance, frig not working correctly, replacing a few toilet seats, cleaning up lawn.

I've replaced carpet because she was was complaining of pet smells, installed a garage door opener since the previous garage didn't have one and have also had a mold inspector out after she purchased a mold test which came back positive.

Also, check with the utility companies and find out if there are any funds available you might tap to insulate, and put in energy efficient windows and doors.

Looks like they used whatever they could find to cover the windows & doors (including old wooden doors!).