You will need to make him think that the you and the seller have a good rapport so he doesn't even think about circumventing your relationship to this thing.And then you will bring psoturing and attitude together and let him think that you find great deals like these regularly and you will need his services on future deals if he handles this one correctly at a good price.Use posturing and the right attitude correctly and you don't have to worry about the contractor trying to get slick.

It looks like a corrective deed is needing to be filed to fix the problem before we can close.

Whether a property is listed or not isn't really relevant to how you would comp it, apart from the fact that the listing price is helpful as a "check" on whether or not you've done your valuation correctly.

Maybe you should wait for the next upswing in the market...Who wants to sell in a down market if they don't have to.Assuming you want to sell, Joel is correct.

(provide the mortgagee clause in the letter) In the letter inform the borrower that failure to complete the action and forward the correct documents to the lender will force the lender to assume the property is not insured and the lender will exercise their rights within the mortgage and note to insure the property.

If its positioned correctly it will move.

We were playing the CashFlow 101 game on the second day of training and 4 out of the 6 people at our table COULD NOT fill out the income statement sheet correctly.

Will, is correct...

The correct answer is: you can take any property "subject to" all liens and encumbrances, and those can be liens of any kind (tax, IRS, mechanics, municipal, mortgage, state revenue dept, etc).

First off I hope this is the correct sub forum (BP is over loaded with sub forums) I am wondering how many BP members live solely off of their real estate.