If you have a video camera shoot the whole house inside and out.

Tornado approaches downtown Raleighhttp://www.wral.com/weather/video/9454747/#/vid9454747

Also forgot to mention if this is a primary residence bought in a certain period of time and it forecloses the bank has to issue on the senior loan a 1099 instead of a pursuing deficiency.With a 1099 they will pay not tax on the phantom gain for personal residence if certain conditions are met.They can also file an insolvency form to wipe out any gain if they qualify.Saddling a past homeowner with a promissory note will meet with limited success.When the owner does a deal they want to move on and put it past them and not be reminded of it for years on end into the future.Credit score wise short sale and foreclosure are pretty much the same in point drop.A difference with a short sale is being able to get a loan in a few years versus a foreclosure where some lenders will penalize the seller and make them wait 5 to 7 years before getting a loan again.So all depends on the short sale and the seller involved with how to approach it.

The biggest hurdle I could see is having someone actually walk through the house and get pics and video.

You think they'd be appreciative of Investors improving neighborhoods and helping stabalize prices, rather than penalizing them.

Raymond your initial load time on your website is very slow.Many will just click off before it loads.Speed of a site is key with today's consumers.Web designers get carried away with flash and other items because it looks fancy.The flash and high graphic pictures make the sites load slow.I have found people just want a fast site with relevant content to what they are looking for.I do not like ALL IN ONE sites.I believe in highly targeted sites especially with investors.For instance even if you are on page one of Google and then someone wants to learn about hotels and they get to your website and it has a ton of tabs to click everywhere.The odds of that lead digging through a bunch of pages to find the info is slim to none.With a targeted site you appear to be THE SPECIALIST and the content is related to only what they are searching for.I did not also see a form on every page.You want a form to capture their information on every page you have.Your website also I did not see it was keyword rich for the area you are targeting.Blogging can be great.Some people are not that much of a writer.You can do pod casts or videos,radio shows instead if you are more comfortable.Hope it helps.

You do unless you have video surveillance of the area.

Yes I can tell you deals are owner financed for a reason.Either they do not want to get hit with stiff taxes owed or they are passing off a property with issues.Owner financing is great especially if you get nothing down and just pay closing costs.As long as you have not signed a personal guarantee,cross collateralization of other assets,or made the loan recourse in another way you can walk away unscathed if things go bad.What you will have is time put into the deal fixing the problems and even with no money down have to ask yourself what the return will be for the time invested fixing the problems.I see many owner finance deals I would not touch with a ten foot pole.They are wanting 20 to 25% down.It's better in that case to pay 30% and drive down the price harder with bank financing.One price - all cashOne price - Bank financeOne price- owner financeOne price- Hybrid of bank and owner held secondSo what a seller will accept and what you will accept and pay vary greatly by the circumstances involved.I will say good luck in finding a bunch of smoking hot deals in seller finance.If they are that low they will go for cash real quick instead.The imputed interest provision is real.Sellers do not want to go below prevailing market loan rates as you can get penalized for doing it.There are many other ways however you can structure the deal once you have the interest rate down as low as possible to add value to your purchase.

You can check out the video I just posted on my Youtube channel; IEInvestor.

.- DO NOT ADVERTISE YOUR COMPANY- DO NOT POST YOUR OTHER CONTACT INFONOTE: You must have video!