The attorney would be able to explain what the documents mean.If your REO is typical, the papers will include a statement saying if you delay the closing, you will have to pay $100 for every day its delayed.

If I see an excellent deal come on line, I get in to see it right away, but this requires a very good agent who is willing to drop what they are doing and meet with you.

These can serve as back up exit strategies.For example, once you have a reliable tenant with cash flow in a property, you can find a buy and hold investor who will be much more interested in the property, since they'll be spared the trouble of finding a tenant for it.You can also owner finance the property and then sell the note to another investor.† You can sell part of the note for cash now and have income later or sell all of the note at once.If you're having trouble finding local investors, online auctions can offer your property to a potential global market.Even in a soft market some homes will still sell at or near full market value.† Of course, you don't want to incur six months of holding costs waiting for your price so you have to get creative to make your property stand out.† One way is to "Go Green".† A few touches like solar hot water with a tankless water heater back up and adding rain barrels to the downspouts in order to maintain landscaping inexpensively even during drought conditions can put your property ahead.† Everyone likes ideas that save them money and if it is good for the environment too that is an extra bonus.

You can also use an online company to file the paperwork for you.

That also makes it so [i]you[/i] can move to foreclose if necessary.I was wondering what that structure and documentation was.

Do your initial research online then drive into the town and start chatting with convenience store clerks about the area.

Thank you for pointing that out.By the way, my 30k came from an online business I had for a year, and I feel the pain of putting down 20% on my house, but it enables me to live close to campus for free and put a little extra cash in my pocket at the same time.Now I am just looking for creative ways to make money in real estate and avoid those 8 dollar an hour jobs.thank you for your response!

Usually, its by the zoning classification itself.However, it can be restricted out in other documents. e.g.

In Maryland, the task of finding the executor is as simple as going to an online paper (Daily Record) where you will find dozens of announcements regarding who has been named the executor of the estate.

The realtor had a online tour that showed everything perfect and beautiful.