John Chapman, I have more knowledge from what you posted (thank you) and I expected varying responses at the question was fairly open ended.But you bring up another point that I never considered: Get a property that needs lots of repairs - to reduce the risk of appraisal issues?

Is the original amount of the Lender A's 123 senior lien now reduced in any way by this counter claim?

Hi David,What area do you think you will be able reduce your expense on in a few years?

One is based on whether or not the owner takes the "homeowner tax exemption" that is common in many states and reduces property taxes on owner occupied properties (not by much though).

Some may plan on buying but never happens due to death, divorce, relationship breakup, job relocation out of the area, reduced income, loss of job, credit issues, family growing (baby) needing more space then anticipated, health issues, etc.You can't control what happens in people's lives but you can be consistent with the follow up and getting better at your craft.

They can contest this and judges sometimes have sympathy and reduce damages so it's not as good as the promissory note.

With keeping up with all the various REO sites and properties listed on them, and monitoring particular properties that go from Listed, to Under Contract, to Back on the Market , Price Reduced, etc....

Now hurricane hail and storm , flood probability is reduced 

I paid about $500 for a consultant to reduce the learning curve.

Let's say credit limit on the card is $5k and current balance $4.5K this is affecting your score; let's say you have another credit card with $3K credit but balance of $100; score wizard could come back with something like this: transfer $1k from card one to card two and reduce balance on first card to $1800 possible point gain +30 using rapid re-score.