The marketing packet I sent to my buyers stated that all mechanicals and electrical were functioning perfectly fine.I stated that my rehab items were optional for my buyer.I didn’t have to do this, but I did, because I realize that some people want brand new everything.This investor has told me that if it’s functioning, then he see’s no reason to replace it.

Yes, buying redemption rights is very similar to buying sheriff's deed/certificate on foreclosure sale.With sheriff's deed you wait longer (in MN 3-6 months if a property is vacant and 12 months if it's agricultural or owners have at least 50% of equity) If you buy just redemption rights, there is always a risk that somebody could file a lien (mortgage or mechanic) and become a junior lien holder and pay you off and redeem you.That's why people who buy redemption rights try to do that one day before redemption period expires so nobody could file a lien after them.

My friend from HS who has a successful auto detailing business in his area, and also has a w-2 job as well is looking for a 2-3 bedroom 2 bath house for him and his girlfriend.

Hey All,I am a senior mechanical engineering student at Pitt with goals to secure financial freedom from corporate america ASAP.

its a scam yo, they do the same thing for auto posting on craigslist.....DONT BELIEVE IT!

A variety of factors associated with the auto industry fed this trend.

In summary the condos are in auto pilot.

I did some research and found a mechanic's lien on the house.I just typed up a letter and dropped it in their mailbox asking them to call me so I can buy their house before it is foreclosed and auctioned.  

Having said that, what I have found, is as long as the RE Agent(s) I'm working with have me set up on an auto notification for the criteria I look for, I don't need to be a REA to get that instant MLS access.  

If you get the same rate for a 15 or 20 yr mortgage (or even slightly higher rate), go that route and set up an auto-draft on the 10 yr schedule.