I've just posted How to Find a Good Deal (Even if You're a Newbie) in a HOT Market here on BP (just click the title)

Is there any incentive for the bank to settle for much less than the balance to transfer title to direct buyer (assuming it costs them certain amount of money to foreclose)? 

We wanted to put our daughter's name on the title along with ours, so we waited to close until just after she turned 18 and was legally able to sign paperwork, closing in February.With help from our Michigan-based contractor, who lived in the house while working on it, we converted the 1st floor back to residential use, adding a large 6th bedroom with walk-in closet, another full bathroom, a study room, and a living room, and made a myriad of small improvements. 

I can't remember the authors, but "Millionaire Real Estate Investor" and anything with real estate in the title.

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However, I did write a pretty lengthy article on "How to Purchase a Property with Cash" at this link HERE and following that strategy will help you in not facing any "unusual" restrictions.It's pretty lengthy but feel free to tag me with any questions. 

I pulled the trigger to fast and the title can not be edited once it is posted The title should be: The market just made a move, did you see it?

Some taxes, like transfer taxes, and title insurance are tied to the property price.  

I'm guessing title reports, physical condition, value.

Has the property been titled in the new owners name?