Now my question is after a home is in pre-foreclosure is there any way to determine if the foreclosure is due to a bank or taxes?

We have incorporated a few specific techniques when we flip houses, that have made a huge impact on our sales and profits.1.

I have about 10 conventional loans, several of which are pre-meltdown.

Having the lease say they are going to do it and them actually doing are two different things.I wouldn't pre pay the shoveling all summer with no idea if they are going to do it or within 24 hours.

Do you incorporate your costs by raising rents?

Theres a lot of pre-foreclosures & foreclosure condos that are up for grabs here in my local market.

Incorporate the financing terms as a note in the contract but have your attorney use the terms of a deed of trust to the extent that the seller will have security interest in the property.

When we go out on a pre foreclosure we are generally instructed to change only 1 lock if property has been abandoned.

Since then, her cell phone has been turned off and she never answers her landline.I dropped a "pre 3 day pay or quit" on her door the other day, and I am about to post the 3 day pay or quit.

Also, you can't do a pre-payment penalty on loans that are "higher-priced" as defined by the gov as 1.5% above APOR on first liens or 3.5% above APOR on junior liens (which a wrap is).