If you have a lot to invest, there are also numerous home builders that were foreclosed on, or close to it.

I know numerous people that do this (fairly) successfully.

The seller knew the market because he had been actively looking in that particular area.

I have never really received a clear explanation.I would assume they are to prevent some fraudulent activity that has been experienced in the past with refi cash outs, but the banks have seasoning issues to protect from that now anyway.

You all listed numerous issues – I am not here to argue them.

They meet the first Tuesday of each month in room 200A at 5511 Ramsey St in Fayetteville.However, I've found most of these associations have lots of people wanting to sell services like mentoring and few active and experienced investors.

It is not necessarily worth: -the asking price -a price at which it sold for before -current active "comps" -what an appraiser says No one cares what property used to sell for, only what it will fetch in the current open market...today.

One tactic by lenders that is being spread by my contacts who are close to short sale activity is this..

I know I went to a couple of meetings before I found one that had the right mix of active people.

Dig into the debate.Oh yea, and consider putting up a picture of youself or symbol or such as your avatar - the little shadow guy holding the dollar sign screams out 'passive' - we want you active.