Just received an approval letter from GMAC with a clause that reads: "THIS TRANSACTION MAY NOT INVOLVE A THIRD PARTY WHO RECEIVES A DEED PRIOR TO THIS CLOSING OR AFTER THIS CLOSING AND BEFORE RECORDING OF THE DEED TO THE PURCHASER".I am using the Option Contract and the only thing recorded is the "Notice of Option".Would you translate this to "I can never resell or transfer the deed to a third party?"

Then, he profited by reselling to the original offeror (B to C).

I would like to resell with a lease option.

-Abolition of property rights -More government control -Inability to sell a second home with seller finance -Loss of ability to buy a property and resell w/spread if it's not a primary residence.

I know we've thrown around the term "influence" the appraisal or personally I like "assist" in the appraisal process, but this article is EXACTLY why I like to pull my own comps.http://www.housingwatch.com/2010/02/01/are-appraisals-the-new-organized-crime/For example - We are currently negotiating on a property a real estate agent GROSSLY inflated her listing price of (399,000) because the homeowner wanted to pay off his $380,000 mortgage, penalties, interest.

Following such an auction, what complications might arise that would prevent you from reselling the property?

When so many have failed to perform.2) Why use so many employees to talk to so many people about "potential" Short Sale, when systemized organizations offer the exact same services.

Also, a good file keeping system and having Quickbooks set up to keep track of the financials will help keep you organized.

IMO, the short answer is: builder and developers don't want competition for sales from owners who are re-selling.

I'm looking to network with serious professionals.I'm looking to put a home under option and then re-sell.