Not sure what you're currently doing with the cash you have sitting around, but I would imagine it's not returning nearly as much.So, from a purely financial perspective, if you have the free time, it seems like a no-brained...

Or you can snipe a sick REO (no marketing costs)But once you have the right one under contract, then go to the courthouse, REIA meetings, post ads, signs, and every other form of marketing imaginable to sell before your closing date.You will not get rich easy this way.

The criminal has over 250 arrests and has convictions for just about everything you can imagine, including carrying a concealed weapon under disability, assaulting a police officer, drug trafficking, violating a restraining order, etc, etc, etc, etc.

Now imagine being a huge agent who lists dozens of REO's on MLS.

I imagine that there would be seasoning issues and that this wouldn't be possible, but maybe some of you could shed some light on it for me.Thanks in advance for the help.

Can just imagine what such a treatment costs.

The second may or may not be made whole, again depending on if this value is real or imagined (not easy to tell the difference for many these days or if any lien holder still believes to property is worth much more than it really is).So pretend you have the third you bought for 2k.

i wouldn't pay it. they were certainly trying to take advantage of your mother. let them try to take her to small claims court. i can't imagine that a judge would rule in his favor. i would also contact the 'trusted family friend' and let them know what a ripoff their plumber is!

I imagine if I say that I'm not going to sign unless the $7500 is "full and final payment" then they will go ahead and foreclose and auction the place.I may have messed up in offering to pay the $7500 up front.

I would imagine if you find the right seller, theyre willing to get this paperwork handled if theyre truly motivated.