If you go that route, you should still have a real estate lawyer look at your contracts to ensure they meet your local legal requirements.

This is not the proper forum for soliciting buyers.

I think that they are properly giving you notice.

YOU need to obtain and pay for proper insurance; YOU need to pay and/or appeal your Real Estate taxes; YOU are ultimately responsible for law and code violations; YOU need to provide oversight to ensure the property does not deteriorate; If you want a "hand's off" Real Estate investment, then look at REIT's!

Buy my calculation, somone paying $425,000 would be in the hole to the tune of $1500/monthWhich is not to say you couldn't find a buyer.Was you addition of the third unit done with proper permitting and zoning approval?

[ADS IN PROPER FORUMS ONLY]Thanks Brian

For such a property, subject to may well work to take over the property.When you find a property that has very little equity, doing a short sale is the proper approach.

There are a few properties in my area, Pennsylvania, which have caught my attention, but I’m not sure how to analyze these properties properly.

A college degree, especially one in finance, ensures credibility, plus, it provides a very solid foundation on which to build upon.

Tell the Trustee you can't pay for the property because they were not properly notified.