Just another non-scientific poll from me :whistle:

Check the public records to see if the house is in probate or foreclosure and if so, go and look at the files.

I have been in the public sector in the development world and cannot tell you how many times I have "made the deal, saved the deal" and the other guy has made the profit.

We are limited as to what is offer at this time, Because we are not a non-profit company.

Actually they are taking the "title" back from the owner.The term "pre" foreclosure (depending on the state) is the time period a lender must go through where the foreclosure process is actually a public record, up to the date the lender legally obtains title to the property.So the correct terms would be:Pre-foreclosure - Public notice has been filed where the lender initiates reoposession of TITLE from the current homeowner.Foreclosure - After a lender has completed the legal process and they now hold the title and are the legal owners.

MLS is for marketing the properties that I find to the general public (and sometimes I will use a realtor for that).Why would I hire someone to help me structure a deal when that's supposed to be my expertise?

if its non-recourse then the mortgagee can only go after the building that the mortgage is on if its recourse or you personally guarantee it then the mortgagee can go after other assets.

Check out my company's webpage, www.miligroup.net, as this is a company that when it goes public I am going to purchase a TON of stock in.

Futher still, you have to deal with loass factors like public easements, setbacks, greenspace requirements (some places), and buffers.

For conventional and non-conventional loans.