We have a page that spells out FICO scores and gives resources for credit reports - http://www.biggerpockets.com/credit-report.htmlYou can check your credit report for free at http://www.annualcreditreport.com"Under the Fair and Accurate Credit Transactions Act (FACT Act) consumers can request and obtain a free credit report once every 12 months from each of the three nationwide consumer credit reporting companies.

If it means that for this transaction you are a motivated seller, justlaugh and say, "On this one, I'm the motivated seller."

I just want to learn and understand pre-foreclosures from ALL perspectives so that I will be more effective and understand the marketplace-- not just the steps to follow.Look forward to more comments.

With fair credit you should be able to put together a no money down transaction and afford payments comparable to your current rent.Good luck.

Entire transaction is funded based on Buyer "B" loan.

I'm amazed you guys talk about these types of transaction in writing LOLThis is the very reason why, lenders are getting very skeptical in their lending practices.

1 Set a realistist list price for the property2 When you reject an offer please let the agent that it listed with know why it is rejected maybe we can bring the transaction together.3 Don't make us pay out of pocket for work done on the property and expenses to maintain it.4 Don't pay a reduced commission and require a referal fee5 Understand when we say the price is to high we can back it up and will and most likely already have.6 If it is in an area that we don't work let us reject the listing without fear that this is the last call we will get.( You don't want to know how much of a pain it is to drive 60 miles to drop off "all original paperwork")7 Don't sit on offers for a week without some kind of communication.

Our broker makes a little bit of money off of alot of transactions.

We have a transaction fee of $300 deducted at closing.

You could in effect make him pay for all unauthorized repairs over $100, but you have to win in court first.