For the most part, I agree with you.However,My philosophy is to get the transaction done and provide great service throughout the process.In your efforts from the statement above, it Can be the case where a deal is done that maybe shouldn't have or maybe an important contingency is missed on the buyer's behalf, etc. etc.I like how you have an ethical approach to your duties.

Or more importantly DOES HE EVEN OWN THE HOUSE?

For me, $ is a great motivator, but being a RE investor allows me freedom for my family which is the most important thing in life to me.

It is very important to make sure whatever you send them is useful and will be opened and is sent to targeted people who will appreciate it.

From my experience, the EMD is not as important in a short sale as it is during a conventional sale.

Also, and more importantly, there are other strategies to locate delinquent properties in GA that are rarely utilized (just a point of reference).

I'm not sure I understand how to do this and I think it's an important idea for us rooks to understand, as property taxes differ significantly from place to place (especially where I am).The area I've been studying has high property taxes and I'm confused as to how I should adjust the additional property tax expense, using the 50% rule.

Originally posted by "ladymarshall":So are you saying iit will be better for me to set it up on my own, or find a local attorneyI'm saying that you can setup the LLC yourself for next to nothing but when it comes to actually having the Articles of Organization which is the guidelines and bylaws of how your company is ran there is no reason to half *** it with legalzoom or some other random website...I had our articles wrote up for $250 by a real attorney, it's an important document, do things right.

Certainly you wouldn't want to be flying back and forth for a low income place like this.Finally, I would create an exit plan contingency before closing so you would be able to verify important points like these and also the expenses and income the owner claims.

One was a HUD and 2 were normal lenders.As Jason shared, it is very important (just as with an assignment) that your buyer's financing is either cash or cash equivalent.