I believe the sale is good through Saturday but it may vary based on location.

For example, he gave me a spreadsheet to handle amounts from the HUD1; this needs to be adjusted for every property transaction (since the line numbers for lots of fees will vary from one closing to the next).

VA compromise sale:http://www.vba.va.gov/ro/roanoke/rlc/forms/Compromise%20Sale%20Program.pdfFHA Pre-foreclosure Sale Programhttp://www.hud.gov/offices/hsg/sfh/nsc/faqpfs.cfmHere is an excerpt:"Question 5: Mortgagee Letter 2008-43 incorporates guidelines for varying minimum net sales proceeds based on the length of time a property has been competitively marked for sale.

I am going through this as we speak.I have contacted several lenders, and they will not lend to an Land Trust with a PG.The lender who will lend to the LLC with a PG is like the legitimate wholesaler: rumored to exist but actual performance may & will vary!

Real Estate State commission laws vary by state.We don't need to be doing blanket statements on here.Some states DUAL AGENCY is against the law and is not permitted period.In my state of Georgia it is allowed.If you are practicing dual agency and it is legal in your state you have a fiduciary duty to BOTH of your clients NOT just the seller.You can still in many states get paid both sides of the commission not practicing dual agency.Simply in your contract state that you represent the seller and NOT the buyer.You can perform what most states call ministerial acts for the unrepresented party.These ministerial acts will be defined by your real estate commission in writing.If you deviate from providing what is written you can create "implied agency" without even knowing it.So you can usually fill in a purchase price or other items in a contract for a buyer.If they ask things like why is the seller selling or how motivated are they etc. you can't share those items unless you have permission in writing from the seller.

I think this will one of those answers linked to for a long time :)I thought similarly about the 70% value and have found others saying similar - it's a general starting point but may vary based on different factors.Still learning here in So Cal.I just needed to get better clarification of the formula and when & when NOT to rely 100% on it.

This post is based on recent numbers in my area - I'm sure it will vary based on geography and based on the utility supplier.One house where I am converting is serviced by PECO for natural gas (they are also the electricity utility, but that does not matter for this thread).

The money you put into fixtures, bathrooms, kitchens, flooring, etc will vary quite a bit depending on your end goal.

This stuff varies from state to state, and I don't know CA law.

Land trusts do little other than to obscure ownership.Opinions on these topics are varied and often strongly held.