I offer this:I am one of the top rated instructors for the National Association of Home Builders (NAHB), which is the largest building industry related association in the world.

So I haven't had a chance to actually research everything there is about mortgages and costs associated with one.

However, I would make sure to get a survey to determine that the fence is truly on the line.

Or the comments by the National Association of Realtor’s Economist about how home prices are growing quicker than incomes are causing buyers to hold off on purchases,See Here.A quick look into MLS activity today has 55 properties “back on” the market(meaning the previous contract failed to close) and an additional 17 revisions to financing.

Morris, For Georgia it may be useful to contact the attorney associated with the foreclosing entity. 1st you would need to check the legal organs that announce that a property was going to be foreclosed on.

The prospective buyer is responsible for all closing costs, search, survey, including those of the seller.

Tax records may have comps on neighboring parcels if they closed recently.Title, survey, building dept., flood plain map a few resources on due diligence.Land is a whole different animal so if you can't wholesale be careful about closing on them.

Soap box removed.I run my own crew, am my own management, and so I dodge much of the BS associated with having others manage my wealth.I have been doing a small side business setting up Sect 8 rentals for out-of-town investors...its all individual and negotiable.

You didn't say what exactly you want to do with your investing but if you are looking at doing rentals the Northern Worcester County Landlord Association in Fitchburg is probably the easiest one for you to get to (Believe the next meeting is actually tomorrow).

The manufacturing housing associations with MHI taking the lead are trying their best to help represent our needs on Capitol Hill.Hope that helps!