I just feel it is a security issue for them leaving doors unlocked and the garage door open. 

Of these, 1,834,588 (56 percent) are on residential properties that are seriously underwater, meaning the combined loan to value ratio of all outstanding loans secured by the property is 125 percent or higher. 

Did you get the security deposit transferred to you at closing?

Note: when i say charge, it means deducting the security deposit.James and Shanti

If you rub elbows with council and do a bit of research to secure some grants you will likely be able to purchase those properties for next to nothing.

You get the calls, which is always positive to have interest in your property.Also, be aware you are advertising a vacant property with a sign, meaning that there may be security issues, depending on the neighborhood or how much crime an area has.

Also know your state laws regarding handling of security deposits, etc.

Another lesson learned here is to make sure that the security deposit is a sufficient amount (many get a full month's rent) and have it stated in writing that the security deposit is non-refundable, but gets converted to a refundable type once certain conditions are met.  

If I had qualified for over $25k the rates would have been better.The process is just like applying for any other loan except that a HELCO is secured by your house.

for example ... if I go in to the that bank owns the property and talk to them and submit an offer to them..... is the process that i will just have to wait until the auction is over .... or is it worth the time to go in and speak with bank if the property turns out to make sense and i am able to secure financing  once again... thank you to bigger pockets, i am / have learned so much.