loss mitigation?

It appears that instead of letting those that incurred these huge losses cover them, the plan is to spread the cost to new borrowers.Losing your home is terrible and attempts should be made to avoid it on a case by case basis, not some huge federal mandate.

I'll stand by my guideline that the correct price for a property today is 15-20% above what it was in 1999.Loss on a foreclosure is 43% on a prime loan, 51% on a subprime.

It has the advantage of being more flexible in the payout of profit and loss, as it can be done in different ratios than ownership.

You may need to pay for $$$$ - eviction - clean up - lost rent - mental anguish - loss of local reputation LOAs are easier and cleaner for the Newbie.

But again, you need to get trained in how to market- first in how to find a 'target' market (people in distress from foreclosure, BK, job relocation, job loss, divorce, probate,tired landlords, back taxes,) and then how to advertise (bandit signs, classified ads) and direct market (business cards, door hangers, direct mail) to them.IMO, REI is much easier to learn because it's all just math.

As prices continue to soften, there will be better conditions for buyers and more sellers will wish they had been able to dispose of the property in 2013.There was an auction held recently where the Seller walked away with a loss over $3 Million amerikana dollars on 3 high end properties.

'our loss is your gain'.

Will this number when added to other things like food and utilities allow them to afford your property?

Food for thought.