BTW, chances are the VP is in charge of all lending, because it is a small bank.

Mike I am and you should.The spreadsheet I use goes beyond that though, it helps me put together the turn around plan including improvements to be made and how they affect the NOI.

If you can't start from scratch and have good rapport with the community you are working with you don't have a chance.

So since you are familiar with short sales, you know how to fill out their balance sheet and see if they have a chance to save it by their positive cashflow....correct?...

If a seller likes you, the chances of your offer getting accepted at a lower price increase significantly.8.

But the good news you have more chance of earning something right now.

And amazingly enough when I decline to make said improved offer, the house is reoffered to me soon after at my price, or stays on the market because said offer didn't actually exist (or the other offer fell though, but then the listing status should have changed.)And then there's the do anything to get a sale attitude.

If you can improve the current location so that is creates a draw in and of itself then you can have some wonderful success.

It looks like there is a good chance my end buyer may not come through with financing for some reason.In my assignment contract it says" Closing is to occur on or before August 7th."

If the buyer stops paying in a wrap, the seller finds out right away and has a chance to deal with it.