It will not lean toward investing, but a big problem many investors have, especially starting out is that they do not understand the rules, regulations and laws pertaining to real estate and the industry as a whole.

And becuase they would have a liability in selling bank assets to a non banking, non-insured, non-regulated private party, they would be in violation of FDIC regs.

I think a lot of people are missing one important factor.The rule does not apply to minor maintenance or repair activities where less than six square feet of lead-based paint is disturbed in a room or where less then 20 square feet of lead-based paint is disturbed on the exterior.The regulated activites are only when more than six feet of lead-based paint is disturbed (inside) or 20 sq feet (outside).

If you look into things you will find that the DMV (division of motor vehicles) has regulation on vehicles with motors and therefore mobile homes because they have motors.The DMV does have regulations on how what used to be called mobile homes (trailers) can be transported when on a trailer, but that is the current extent for most states.

It all really breaks down to your state laws, MLS regulations, and your companies goals.

I see companies out there that will hook up little devices and then bill clients.

FDIC (and other regulators) require banks to actively market all REOs and the only way they can prove that a property is "actively marketed" to the satisfaction of regulations is to have the property listed with a real estate company.Again, the same line of reasoning is followed in a SS, where the bank may be accepting a lower payoff.

A lender can not sell any loan to an individual or a company that is not an insured (FDIC) federally regulated institution.

Investors need to be screaming bloody murder, not to the banks, but to the regulators and law makers.

I wouldn't advertise in the paper that I was going to pay a finders fee just on properties that I purchased, especially in the State Capital, you know, where all the regulators have their main offices!