If she doesn't follow through, your biggest weapon is a review right here on BP.

I know to stay away from the real rundown areas which should be easy to identify and I will probably be using some kind of consultant to pick an area to live in, nothing fancy or terribly expensive just some place clean and safe enough to live and work from.

It is quite a nice read and I understand the dilema, an agent friend told me stories of law offices snapping up the HOA foreclosures in a luxury high-rise building for 30k and getting 3k a month rent while dealing with the legal fallout and battling the lender only to happily turn it over to the lender after years of litigation and collecting rent.I agree there are probably 1000's of houses that can come on the market at any time, but banks will control them to keep their loan investments safe. 

None of these transactions should be performed alone as squatters can be exceedingly dangerous.Given this signed document you can feel safe in purchasing the property but be aware that it is likely that the squatters will attempt to return to the property if not secured properly.

Selling to owner occupied homeowner's means your brokerage will need to be compliant with Dodd-Frank, the SAFE Act, Reg.

That way, if there ever is a problem down the line, you at least have something to point to that would suggest the mold is the tenant's failure to maintain the property in an adequate manner, and you have done everything in your power to provide a safe home.

You would be amazed the appetite out there to find a reasonably safe investment with someone who they know, that pays them at least 8% (which is the usual preferred rate these days for investors to ask for).  

That isn't about polarizing or pushing an agenda its about making EVERYONE feel safe to gain market share, not divide it.

Thanks for posting that info...Have a terrific and safe 4th of July!

Anyone with knowledge about the foreclosure process, especially in California, who could chime in on this topic to add some clarity would be beneficial to us, as well as the BP community as a whole.Thanks in advance, and have a terrific and safe 4th of July.