I can think of a few.Provide an alternative to home ownership for those that couldn't afford to own a home or might need to relocate quickly.Provide a safe place to live.There are many housing niches to be filled as well.

Selling the note is another way out of the deal for the bank, what they will accept may be close to the same as in a short sale, but consider any government incentive too, since to my knowledge there is no government program to assist banks in selling notes.Now, if you're buying the note as a means to avoid foreclosure, with consent of the borrower and the note will be modified for some deal, your purchase price for the note will probably be close to the payoff, but again, what is the alternative for the bank?

You can alternate upper case vs lower case if you choose, or just upper case first or last letter.

In light of these recent CL developments, I have been using backpage.com as an alternate method of posting interactive ads.

Thanks Bill,Yes NZ is a stunning country, especially the South Island, unbelievable natural and clean.

Alternatively, let the price of fossil-fuel-based energy go way up and replace it with nuclear pebble bed based power so that we can give the Middle East the middle finger.

That's what I did, my alternative was not to do what I did and do something else, in my opinion, my opportunity costs were very low, since I loved what I did.

Alternatively you can try to find some other private money to take out your family member's private money as a 1st and 2nd.

Unbelievable.

are there other alternatives?