Your best bet at this point is to try to contact thet owner and work out a short sale.

I don't know his plans for the 89k he'll be getting, but a good bet would be to hold onto it in my opinion.

That XXX part includes are the fractions calculated at various rates.

You just need a battery for your calculator!

When you calculate square footage for your units what all do you include?

Hi All,When I evaluate the purchase price to be negotiated with lender for a short sale, if there are 15K in missed payments do I need to make sure I put that into my calculation?

And send out a one page proposal to each of them without even viewing the properties offering to purchase them and a price calculated at 65% of market value.I use a similiar technique in e-mail fashion to find sellers willing to carry sub-ordinate liens.

Bottom line here is you want to understand what your cost of money is going to be so you can do your calculations acurately.You might reconsider those creative techniques.

Hello there Raze-Nod's might not be your best bet due to the fact that 90% of them don't want to deal with you and they cure the situation!

If you got a deletion letter, or disputed the account with one of the credit agencies, then it probably was removed altogether.You should check your report again, ill bet it is still on there.Good luck