Note buyers buy notes (secured loans and othe cash flows) from note holders who would rather have a BIG lump sum of cash now vs. collecting small monthly payments over a long period of time.

So if you want a 5% loan, you can keep negotiating from 5.5% on knowing you most likely won't be sent to auction.The point being, according to the group, that if you are renting the house while you're having a forensic loan audit on, you can keep negotiating the loan mod for months and collect rent until you finally accept the new terms.

No, a SA is NOT a pet, and I don't know if a refundable deposit can be collected in advance.

I have practiced as a real estate agent since 1977 and believe me you should always have qualified representation (i.e.

If you do so, the collected rent plus collected utilities, less actual utilities due, will be delivered to youa.

I've tried gifts but it didn't amount to squat, although I have one tenant I bring over free fast-food coupons from the newspaper when I go by to collect rent.

contentid=536917222&contenttype=EDITORIAL&agency=CommerceI understand in MN Loan Mod. can't collect up front fee and must have loan broker license.

Sitting in an office collecting a salary equivalent of $35/hour for 40 hours a week compared to working 10 hours to put together a $5k assignment fee.

& Let's not forget the fractional lending practices they only need 1 M to loan 10 M.

If they leave the tenant there, they at least collect some rent, and maybe avoid some of those costs.