A friend of mine that makes $300,000 a year, works at home (no overhead), has awesome cars, trucks, bikes, 4,500sqft home with 3 bay garage, always vacationing, partying and he was always depressed.

All properties that have gone through the redemption period and a third party did not buy it at the sheriff sale are listed through a broker.

Now they are telling me they want to "severe the relationship" because it would be best for both parties yet I really dont want to leave now that I am on month to month.

Not every loan goes perfectly so it our jobs as consultants to effectively update parties involved.

Not necessarily, I want to extend them to come up in the summer, or point out how much UNDER MARKET their current rent is and offer them a SMALLER INCREASE to sign now, increase to take effect at end of current term.You always want to increase rent EVERY YEAR (or every end of lease) in order to train your tenants to expect increases, and to encourage the good ones to sign longer term leases in exchange for SMALLER increases.TN apprentice wrote: officially charging them an above-market rent to make the property sell at a higher priceSounds like someone took "due dilegence" to mean "believing what an interested party told me" instead of what my own investigation revealed.all cash

You really need to be very careful about everything you say to either party so they are never confused as to who you represent.

It’s not the same as selling to a third party and not telling the lender.

From what I understand in REO bulk buying the buyers rely on current information provide by the selling parties to include recent appraisal, BPO, repair work order, etc.

I do believe I just requested that the message be sent when I finished composing it originally.I believe it stays in the outbox until the other party has actually read it.

"Foreclosures" in this sense means that the property has already gone to auction or the Sherrif's sale, was not sold to a third party and has been assigned to a broker or first to an asset management company and then to a broker for sale.