Once your situation is stabilized, that is, you have a roof over your head and food on the table, then you can start looking into real estate, nursing or whatever.

It basically gives the buyer the right to back out of the deal while sitting at the closing table, with absolutely no penalty.

There are stories on here that will make you cry but that will not put food on your table.

I agree with John's basic views above, there is much to be said for getting to the table when the food is hot.

But for those with limited resources: I suggest learning more about who might be motivated, what problems they need solved and what you can bring to the table.

In the example cases shown above, a deal would fall through if the buyer is unwilling or unable to bring more money to the table and/or the seller making repairs, and no commission is due.The only way that a selling agent is due a commission, without the seller signing, is if the buyer comes with a contract offering you your asking price, and no other terms/stipulations. ie.

Because of that experience, I never look accross the table and see a pile of equity; I see a person who may in fact be taking this a lot harder than they should.

If you bring value to the table people will remember who you are and will want your info, believe me.

Okay, "direct lender" means the lender has the underwriting authority to make the loan decision and funds the loan initially, they fund at the table.

It is not necessary for all parties (buyer and seller) to be at the same table at the same time.