Vendor is able to call the balance immediately due (page 3 of the WI Land Contract form 11-2003) if you fail to pay as this page outlines.To be honest, as long as you're holding up your end of the deal it's more of a risk to be a Vendor than a Purchaser in a Land Contract because they're assuming the risk that you run the property into the ground then have to take it back via foreclosure.

There are a few prominent folks out there predicting real estate price crashes driven by a foreclosure wave as forbearance ends.

I'm currently trying to find a house to hack, and I've been analyzing many deals, however, there is this one house that is listed as a pre-foreclosure and I'm wondering if any of y'all have any experience in buying in pre-forclosures.

Is there any reason i shouldn't call on a preforclosure or foreclosures before the auctions

Job loses during the foreclosure crisis were 10m.

Are there realtors in the Seattle area that specialize / have experience with foreclosure or pre-foreclosure properties that you recommend? 

As mentioned in previous posts, the property is not currently for sale but after doing a little digging, the owner is headed towards a foreclosure unless someone intervenes.

As mentioned there are foreclosures available, as well as home that need renovations (i. e. some have 1970 decorations, and look like 1970 inside appliance and all).I'd say decide on your main criteria and your strategy, that'll help you focus on a market.

I am looking to buy a Foreclosure on the county auction site in Florida. 

Although they may not use the score in making their decision, I was specifically told by a commercial lender officer that they need to check you're not in bankruptcy or have recent foreclosures or tax liens, or a history of settling debts for less than the amount owed.I do have a few commercial loans and they can have more flexibility on credit issues vs conventional - depending of course on the asset they're loaning on, rental incomes, type of credit issue etc.Hope that helps.