Actually they are taking the "title" back from the owner.The term "pre" foreclosure (depending on the state) is the time period a lender must go through where the foreclosure process is actually a public record, up to the date the lender legally obtains title to the property.So the correct terms would be:Pre-foreclosure - Public notice has been filed where the lender initiates reoposession of TITLE from the current homeowner.Foreclosure - After a lender has completed the legal process and they now hold the title and are the legal owners.

MLS is for marketing the properties that I find to the general public (and sometimes I will use a realtor for that).Why would I hire someone to help me structure a deal when that's supposed to be my expertise?

if its non-recourse then the mortgagee can only go after the building that the mortgage is on if its recourse or you personally guarantee it then the mortgagee can go after other assets.

Check out my company's webpage, www.miligroup.net, as this is a company that when it goes public I am going to purchase a TON of stock in.

Futher still, you have to deal with loass factors like public easements, setbacks, greenspace requirements (some places), and buffers.

For conventional and non-conventional loans.

Q1I know there are 2 types of sales when it comes to tax sales. redeemable and non-redeemable.On non-redeemable sales,can one purchase at an auction and claim deed free of liens.

Ask as many as you want, but when you're so non-specific, it is hard to disseminate exactly what you want.

As someone mentioned above, adding a swimming pool may not add much value to a home.

I've seen so many novice builders start a project only to abandon it because its too much work - start skimping, taking shortcuts to get done, build a non-quality house, and then can't sell it.