We can talk about problems, we can even discuss the fact there are solutions, but in touting solutions, we are held to a higher standard that the average person opining something that may or may not be correct.To provide "complete details" might take days of work to transfer pages and pages of material, and there is always the danger that someone could misunderstand or misjudge the importance of some point, and end up in trouble and then blame me for their problem in the form of a lawsuit or even a defense with regulators.

Pricing was a huge topic of concern for Fund Managers at a conference I spoke at in early December.

Not to mention, now it's your offer, no defense for you later on and the seller will have imputed tax rates with the IRS with a 0 rate interest charge.

Note that the statute contains no significant defenses for well-meaning sellers who thought they were giving the buyer a good deal, even if the whole arrangement was the buyer's idea in the first place.Accordingly, the risks to an investor of engaging in executory contracts have nearly eliminated their use in the residential context."

Somewhat surprisingly, when I explained that the comps for a similarly-fabulous home were about $15K below what they had in mind, they were not defensive.

You want to be present or on the conference call at the time the offer is made and LISTEN CAREFULLY and PROBE BOLDLY AND STRATEGICALLY.

I'm looking to start a monthly or biweekly conference call on learning the note business.If anyone is interested please let me know.Stephen

Nice enough guy and he was aware that the house was scheduled for auction but said that he had a federal lawsuit against the foreclosure company (McCalla Raymer) and that the house shouldn't have gone to auction.Apparently McCalla Raymer was accused of robo-signing foreclosure documents and the homeowner is pursuing this accusation as a defense.  

What were your goals at the conference?

Since you are new to notes, you should invest in some education and attend a few note conferences.