From the ones I have been watching (all public record) it seems the lender average to take possession is about 9-10 months from the first date of delinquency.

They are in business to sell you a series of products, always at increasing prices.

Hello Everyone,I would like to introduce myself I am a small investor, and provider of different product in the Investment Business.

Here are the details:The Asking price is $229,900Taxes are $6595.00Apt 1 - Lr, Eik, 2 Br, Fbth (Average Rent - $1200 - $1400)Apt 2 - Lr, Eik, Br, Fbth (Average Rent - $700 - $900)Bank wants buyer to pay transfer tax.I have no estimate on repair costs since I haven't actually seen it or had an inspection.

The majority of the homes average between 100k to 150k solid homes with no major defects.

Land and bldgIts listed at 99,000 I could probably get it for 90,000.The average rent in this area is btween 750 and 1000/moThe taxes are 4500 a year.Insurance around 700 a year.I assuming the loan is 7% at 30 years.

However, to accomplish that, you would either have to invent the next "must have" product, or work your butt off 24/7/365 for the rest of your life.

Since I am looking at options in both local areas I am familiar with and out of state options, I am trying to find a single source that will give average rents and vacancy percentages for a specific area.

Hi Alex,I guess my first question is What is the average length of time on market for a house to sell in your area?

Comps to other 3/2/0 in the area actually average to $140K.