As I understand it, he basically applies for loans on my behalf and presents my situation favorably to the lenders.That seems like it would be very helpful, although paying him $10-20k for such a task seems very generous.

Obviously special assessments and increased hoa fees will be coming soon to the current and future homeowners.

Okay, now that prices have fallen by as much as they have, do you feel that the local property taxing authorities have adjusted their assessed values as quickly downward as they did when prices going up.

There is a system out there being sold stating that you can contact property owners who are delinquent before it goes up for the tax sale possibly buying the property for a token amount, assuming the taxes, recording the deed, & then turning around flipping it for a quick profit NEVER actually paying the taxes but rolling them into the price where it's still a bargain.Or buying the tax deed for pennies basically, recording the deed, then letting it go up for auction.

I would call them, visit them, assess the condition of the apartment and arrange to get the keys from them.

http://www.december212012.com/First thing I found quick, but it is basically derived from the Mayan calendar.

In these complexes basically everyone is flipped and many are walking.

So basically in order for a deal to go through, the seller will still owe money and would have to get some other type of loan to pay off their mortgage.Are others running in to these type of situations?

The assessment value is 279, 0000 with land and structure, its on a 5000sq ft lot, with 6 parking spaces.

Yes, basically they're: subject to inspection and if the buyer can procure funding.3.