BTW, most wholesalers focus on the property and not the contract and that is their Achilles' heel if they every had to go to court.

I have a termination fee of $1500, is this too high to be upheld in court if it came to it?

If you end up in court, the court may not view you as a lender at all.  

I don't think the tax collector or the clerk of courts has the flexibility to negotiate the amount due.

He doesn't know if it's been done before but suggested I try (for too many reasons to state while typing on my smart phone) before starting the court process.Hence my question: Has anyone on BP been successful at obtaining a Quit Claim Deed from Freddie Mac and/or Fannie Mae?

I told them that the neighbor keeps his dog unleashed and lets it run around the neighborhood per my tenants and me seeing this myself, they told me in writing that they were going to take my complaint with a grain of salt because I brought it up after the neighbor complained about the parking.I told them per their bi-laws, it was prohibited to have an unleashed dog and the fact that they put in writing that they were going to take my complaint with a grain of salt and do nothing shows special treatment and I would take them to court if I was assessed.What would you do?

When court begins, he asks for the amount of rent due then turns to the defendant and ask if the money is due. 

the issue with funds for trustee sales and why its dominated by a relative handful of investors ... is you need cash to bid.. transactional lender will not do these as they are not going to let you walk out of their office with a check for 500k.. transactional lenders only put money into Escrow accounts.you need a true money partner if you want to partake in the court house steps game.

@Josh CaldwellThe big thing that I've learned in 30 years of "**** happens" and "the road to hell is paved with good intentions"If you buy it subject to, give a note to the seller, fix it with private money,  and make a profit fast in 90 days and you're out of it well do that four times a yearAnd always always always remember that someone with a superior knowledge like a real estate investor talking to an owner always lose in court always always alwaysThink what judges think: people with inferior knowledge always get screwed,I would much rather get on title with sub to get private lender money, fix it up, resell it, get a profitNow sandwiches on A B areas with no equity or a little equity I think is a terrific ideaGo after expireds,  deal with the seller that does not have a lot of money in the house, explain to them that it cost 10% to sell, so that sucks to pay to get rid of a houseBeing a landlord sucks  and trusting a property manager suck and show them why then show them "option one option two""Option one Mr. seller is I'll  take over your payments for you, and in  2 to 3 years all pay off your existing financing.

And good luck going through brooklyn housing court from Florida.