What made you interested in investing in this type of deal?

If you called the lender that did the original loan they may just be trying to prevent themselves from getting portion of commission recaptured from an early payoff.

The contractors are trying to save you from yourselves . 

I spent the time making the website and I pay to keep it running.

This isn’t your average “buyer and seller” market; it’s about connecting with people who have serious goals and the resources to reach them.

I have someone who wants only 41k for this property with about 21k worth of repairs. 

My contact has been non-communicative and I'm wondering if he's experiencing cash flow issues and just trying to bide his time, or if there's a deeper issue and he's on the verge of bankruptcy.Any advice you can provide for this situation would be GREATLY appreciated.That's frustrating and im sorry you're going through this right now.

This was very common in 2008-2011 when values declined

Is there any law or regulation that prevents this?

Hello, Although I have heard of this site before, I am just now getting my feet wet on the platform.