Those costs go to reduce your taxable profit when you finally do sell 2 years down the road.Good luck and good investing,

I think I am kind of confused when it comes to the short sale process... are the banks still willing to short sale if the foreclosure has reached final judgement and the auction has been scheduled, or is it more effective to find those home owners who just had Lis Pendens filed and save the bank the trouble of the rest of the foreclosure process.Thanks

now today after finally getting saxon to accept 330 on the same house, they inform him that they wont pay 5% realtor wages, they will only pay 4%.

Do you think due to the fact that the house never passed final inspecton and was never finished I could get a better "price" for this house?

Everything finally seemed to have gone through but now the tenants say they can' move out on the closing date because the apartment they had lined up was rented out.

Apparently the heavy inflation of prices in this area have finally died down.

But -- anyway -- my specific question is: Why is it that after a REO MLS Listing goes to: "Pending" -- it never changes forward to "Sold" - and it never displays the Sale Price that the bank finally accepted?

Hi, after an embarrassing amount of time spent going to seminars, I'm finally 'all in'.

Anyhow, I'm thankful for the mistakes I made in the past because if it wasn't for that, I wouldn't have made better choices later.

hello,i've been doing a lot of research the last few weeks and this forum came up in many of the search results on google so i decided to finally join.