This is the reason you prefer to find a papersaver or a stated income situation so you're not looked upon as a deadbeat by hapless lenders.

I should tell you that I would prefer to stay in the south if possible but will move anywhere if an area looks good.

Some of them went for okay to good prices for home buyers. there were also a few good deals out of our preferred area that seemed to have been good for flipping or maybe cash flow depending on the down payment.

I prefer to start from payoff and go from there.On a $100,000 sale price house where I want to offer $60,000, I go at it from the payoff.

that fits my personality and style, not to mention I am great at self education and actually prefer it more generalized learning via college.

Do you focus on the big projects first (i.e. kitchen) or prefer to cover the easier tasks right away, such as painting the bedroom?

Should we call you DJ or is there a name you prefer?

All,I am not sure if this is the right place, but any help/direction is MUCH appreciated.My wife and I are looking to purchase a house in the San Diego area, preferably in the 92130 zip code.

sooz,Is there a name that you prefer over 'sooz"?

Before the deal is done, you'll need a purchase contract with the owner (as Will points out, the bank is a third party), a "hardship letter" from the owner, and maybe other documents as the lender(s) request.The hardship letter will be a letter, preferable handwritten, from the owners explaining to the bank why they aren't able to pay, won't be able to pay any time soon, and that they have no assets.