Some of these appointed officials can be notoriously difficult to deal with.

The Cleveland area was hit hard with this foreclosure fiasco, so it will probably be difficult to find many cash flowing areas.

If you're thinking about subject to, you need to evaluate the value of the house vs. the loan balance.

I am concerned that the new regulator that Bush appointed is going to overreact to the market and make it too difficult for the average person to acquire a mortgage.

It would be fairly difficult to assign a short sale.Upon negotiating and submitting your offer the bank will want to be presented with a contract.

They can not cover the CDO's, much alone the stuff on the Balance sheet.

The ensuing confusion surrounding a piece of real estate included in his will showed me how great a need there is for professionals i nthis business to help people through difficult times.My primary focus is wholesaling, but really I look to meet the needs of my clients first.

It is difficult to flip at present as the market is depressed (at least for another 2 years!)

Anyway I wouln't mind getting this one, nice spread from loan balance to current market, and cooler weather starting in September if I have to do a roof, and I'm planning on it.Absolutely right Jason.I'll keep the board updated.Frank

With the ability to pay him the remainder of the balance at the time of sale(When I sell).Do they want a much higher rate then 7%?