Because they're paying ME $521/month on the $71K they borrowed.

Lenders cannot speak to third parties due to the privacy laws so you need the borrower.

I wouldn't mind buying it as an REO, but I feel a keen obligation to the borrower to stop a foreclosure for him.Any ideas will be appreciated.Jerry in Illinois

Please stop wasting our space.

I am looking for such info as the purchase price of the house, how much has the house been borrowed against, Tax info etc...2) Is there also another web site that will give me a close number as if I had an appraisal done.3) Lastly, is there a web site that you tend to go to alot to help you in determinating if the house you are looking at is a good buy or not?

Down payment is the amount (percentage) of the total price that comes out of YOUR funds, not borrowed money.BTW, most deals don't close "in a couple of weeks" after your offer is accepted.all cash

Here's the situationA friend of mine and his friend bought it in 99. they lived in it for a couple months and he moved out. then she moved out they just stop paying on it.

We are a one-stop shop for all of your mortgage needs.

hey guys,i stopped by city hall this morning for the first time.

I thought it might be a renter moving out so I stopped.