Sometimes people just keep paying taxes on a property even though they have no use for it and would be happy to sell it at a discount.

I did a Google search on him but didn't find anything bad.The reason why I gave home my cc was because I believe him that he could get me homedeopt gift cards at 40% discount and I wanted to buy them from him.He told me that he bought returned merchandise from Walmart and Homedepot by truck loads and he could get homedepot cards and big discount.

I started collecting coupons and discounted HD gift cards to soften the blow.

Also you'll have more time and resources available to you to make things happen and you won't feel like you're trying to take advantage of people by trying to take their property off of their hands for a 30-40% discount.  

The idea is to buy the defaulted loan at a discount where there is equity in the property.    

In the mist simple terms, you are either trying to buy equity or cash flow at a discounts in order to make a profit.In order to know what you can pay for something, for instance, you need need to know what you can sell it for (and estimate the costs of repairs, dealing with other problems along the way, holding costs and resale cost).

They will expect a discount for this.

Secondly, the bank wants something close to current FMV, and need to get it cheap enough to sell to an investor at a discount, and have room for your fee.  

If you got a discount code from a third party site, there's no guarantee your discount is legitimate.

I would want to buy at a discount for a fixer upper.