I have not heard a completly true statement from a politician in a long, long time.

The notice of sale must contain the time and location of the foreclosure sale, as well as the property address, the trustee's name, address and phone number and a statement that the property will be sold at auction.

(Cash offers should be supported with a real POF ie. your bank statement showing the cash is there, not lender POF's)3.

Nationwide's statement is just one person's opinion.

Under the lender's roof, the contract price and then the assessed value are most important because you must know that to complete the HUD-1 closing statement.

A blanket statement about it not being an issue is inaccurate IMO without knowing the terms of the deal.

I will comment, as already mentioned, that the explicitly stated urgency and statement of your "greatness" was a bit off putting.

Basically, some guy worked a few days with the bookkeeper and got some information and then they mailed them some boiler plate statements with the heading, FOR: and company name, along with a bill for 13 grand.

Also, your statement of "according to the seller" means nothing until VERIFIED by you. before making assumptions or relying on what others state, find out the facts yourself first, then post the results.

Jon and Bryan are correct, the bank wants skin in the game.....but let's never say never;It also depends on you financial statement, past business and business relationship with your lender and the property, what's the expected income and value.