But I also think that you have to look at the fact that MS Gulfcoast in an area of not only tourists but like Florida a bunch of retirees and it is a functioning city (so to speak) it isn't simply a seasonal tourists area.Like you I also wonder how it worked out for the OP.

Hi all, I am a Realtor, new member here & am interested in getting into REO sales, and would appreciate and welcome any advise from those of you who have specialized in them....thanks a bunch!

Now if you have a bunch of capital to work with and don't mind playing the waiting game then it might be a good idea.

Just be fair and everyone should get their way :) (Also ask your bank how they deal with seller seconds... make sure it will work your way in advance.)Cliffs notes: LOLGet the seller's reason for selling.

When you are selling a home, exposure is absolutely crucial, so knowing how to obtain a fair amount of market exposure is vital and usually requires experience and internet savvy.

If appreciating then I would offer the option to purchase at the fair market value based on an appraisal X # of years from the date of the agreement.

Looks like a nice bunch of people.I sell in Santa Monica,CA and give a rebate to all my clients.I am in the process of studying for my Brokers Exam and willstart my own company called Street/Road Realty:http://www.streetroadrealty.com/Best,Tom 8)

I'll help you anyway I can here.To be fair, my point was that there are slim pick'ns, that translates into higher prices for potential fix n flips, higher material and rehab costs for small buyers, higher costs for labor if you can't give a few guys steady work and I failed to mention the 2,000+ agents crawling all over town trying to get a listing from the 100 people they know.You're welcome to try.... do you eat BBQ?

No digging through files for information that you tend to need fairly often.

He wants to charge the Manager full market rent.I did some research and discovered that the California Industrial Welfare Commission says that a Manager may be charged up to 2/3 the fair market value of the unit but, in no event, shall it be more than $381.20 per month for a single employee or $563.90 for a management team (e.g., husband and wife).After further research, I discovered that there are actually two (2) exceptions to this rule, which are as follows:1.