I gather in some states a foreclosure on the first and a sheriff's sale would wipe out any junior liens.

Hi guys,I showed a property to a client that was apparently in the redemption period of a foreclosure.

This is a great place to look for new clients.

I have not, nor would I, do that, without having good financing and could afford to increase the payment to the point that it would be rentable in the local market.I have a client with excellent credit that did that when the Vegas market was at a high.

A large competitor of mine in the area is offering this service and the jist of what I am understanding his goal is to negotiate a repayment plan that both the bank and the mortgage holder agree upon (ex: client is 3 months behind with a 750 a month mortgage.

As a hard money lender I had one client that has 3 deal failures on a similar transaction as the buyer had three lenders back out at the last minute.

As a Property Manager, on certain types of rehab projects for clients (outside of "normal" repair and redecorating) we charge either 10% of the contract price, or a straight hourly fee (terms are negotiated at the outset of our property management agreement).

NYCinci,That has nothing to do with the agent being eager, rather it has everything to do with representing his client as he is legally bound to do.

Dave007I just had a client refinance a property that we had listed for a while.

From what I've read in the forums and heard on various podcast here is the information I need to gather and put together to give to potential buyers.Sale PricePicturesComp salesAppraisal (ARV)Repair estimateAPOD for a rentalIs there anything I'm missing or anything else you would like to see?