I have been reading through the Beginners guide and have made it through 2 chapters, 15 related articles with comments, so far and am just blown away by the content here.Through reading the posts, it became apparent that I needed to start participating, and this is the polite way to make the start.

Some of the terminology is institutional in nature but the trade concept is flawed.

The big institutional guys may be wary of Houston because of it's lack of protective zoning restrictions.

But I look forward to participating more on the site and getting to know other people on the site.

@Scott French ,That would depend upon your income and if you actively participate in the activity.

Institutions know that most liens pay off early, all they want is the 5% minimum.

Have fun, ask questions, participate, that's the key!

This was actually a test question on one of my exams: As far as I know, at least for the state of MD, you can work for multiple brokers, as long as you have consent from all participating parties...

You're like our family, my husband and son are actually members, but have never really participated, though I tell them about all the interesting posts - and they do come on once in a while and snoop around.

I wouldn't expect much "profit" anyway, just because it's a short sale.By the way get, get an experienced agent who knows the FHA process....you have to make application first, get an Authorization To Participate which will set the sales price, Then you put the property up for sale.