You are searching for those that WANT to sell and sell with out the hassles of showings, agent commissions, fixing things etc.To answer the next part of the question I would have to say we are always focused on their motivation which in other words is their "problem" that needs to be solved.

.#2 Create fake profiles and comment on my post making sure to overuse the words "witty, insightful and thought provoking".#3 Try again in 30 days with a better headline.#4 Delete the post and pretend it never happened.Mehran K.

Word to the wise---if you send mailers this week, your response rate will be minimal.So, please wait until after thanksgiving week.Save your money!

In other words, will the trustee allow or can they forbid the delinquent owner from paying cash for their own property at the courthouse steps?

@Karin Dimauro,Thanks for the encouraging words!

They have seen me keep my word and so one even made the comment that I had done more stuff to the house in 3 months than the former landlord had done in the 3 years they had lived there.

Taxes on the lot are just over $500 a year.Hypothetically, in just 6 years if I apply all revenue to this remaining loan I would then cashflow $200 a month roughly in revenue by owning this small lot free and clear.Any wise words of wisdom out there on what you would do if this offer presented itself to you?

The mortgagee has no duty to accept anything less than the sum of the judgement.I think this thread needs some additional words of caution.

You get significantly more bang for your buck (emphasis on the word significantly) and despite what people say, it's not that much more risk.

In other words, auction.com offers a better chance the property will be sold to a bidder higher than the bank.The lawyers handling some auctions barely make their presence known, the properties are uttered, the preamble read, and property sold in some random order.