> Eviction Protection ProgramIF you manage enough properties, and IF you are confident in YOUR tenant selection, and IF you very carefully work out the numbers and details, this MAY be useful to you.

Hello,After carefully following the demise of the housing bubble over the last two years I have found a property I love that we intend to live in as our last home before retirement.This property is located in an area where many, many homes that are either in pre- foreclosure or have become bank owned.

The reality is that most mortgage companies do not care as long as they are receiving their monthly payment on time every month.

Why does the realtor care what kind of agreement that you and the vendor come to?

Being that you buy a lot of buildings in which you both inherit dead beats that need to be formally evicted, and these properties often need complete rehab, or at least major repairs and also the fact that the units are OLD, this would really factor into higher expenses for YOU, would it not.You obviously didn't read my blog very carefully.

What should they care?

Take care! :D

I have yet to have a seller balk at my upon partners approval clause.They tend to understand that you are running a business.If you wholesale and wholesale only and have no money to purchase the house, you will need a couple of outs just incase things go bad.Obviously you are not in business for things to go bad, but we all make mistakes, houses wont sell, etc.I have and probably will always use these clauses.Not to sound mean, but many distressed sellers will not even care about these clauses, they will just want the cash

Care to share some more detail on this one?

If they are coming from $81 to $79, and you offer $52 back, they might go around once more, but they will still be a long way off.I would watch this one very carefully.