Wanted to ask you what you would do in this case or how it can be a fair, win/win deal.Purchase Price $130kRehab $56kARV $240kThey'll be handling the rehab and have the contractors, they also have the Private Lender to fund the purchase.

In fact most carriers only like to actually win 20-25% of the quotes that they issue. 

Getting reasonable cost, done right, and on time never happens...getting two of three is a win.  

First of all the bank is negotiating an offer that's 10K over yours, so even if you win in court and your contract is sent to the bank, now the bank is aware that someone else is willing to pay 10K more than you and will simply deny your offer.

So the first challenge is to win. 

If the final judgement is 20k and I win the bidding with lets say 25k do I own the property free in clear once its settled or would I then be responsible for the mortgage payments left over on top of my bidding win?

Generally, foreclosures require winning bidders to pay, at the time of the winning, a percentage down (often 10%), This is usually non-refundable.The "seller" has no interest in how you pay, as long as you close by the date that they set; making conventional financing often an impossibility given the time constraints.That being said, hard money does what hard money does ... it gets to you much more quickly.Much success.Bob

It is one that consistently closes deals, and the one that can talk to you like a person, not someone that just wants to "win a deal". 

Personally, I've hired property managers since the beginning. 2 main reasons:1) My properties are out of state.2) I got into real estate to win my time back.

Tenants look at it as (inflation is like 7% so sign for 10 years at 4% annual I am winning locking it in).