I wasn't prepared for such an extensive rehab and ended up maxing out credit cards to complete it.

But in NH and MA, the foreclosures are conducted at each property being foreclosed on.

IMO, the "knowing" is a past business transaction or related by blood or marriage, it's not that I know he is the owner of drug store.If you have A & B & C, C & B have done business in the past and so have A & B, then before the three join in some entity, A & C should conduct some business transaction and complete it before they enter as the three partners.

Also, the mortgage debt forgiveness act doesn't necessarily apply to any second liens and it ends at the end of this year (although there are many of us hoping for an extension)Not sure you got the best advice from your "expert"

I meet with the seller or seller's agent to hand them a check for the option fee, then I conduct my inspections and rehab evaluations, then I make determination as to whether or not to move forward ..If I move forward, I write earnest money check and go from there.If I do not move forward I say thanks but no thanks, and the seller keeps the option fee.

Some may allow an extension, for a fee.

Change the locks, install the lockbox for contractor / insurance adjuster access.Use insulation in a can / great stuff to seal gaps where needed.Best lighting option: bring a halogen light and long extension cord.

That BPO agent does not contact anyone to conduct a BPO when it is exterior inspection.

I was always able to begin a good working relationship with that person and get extensions of time and get the fines stopped.I just never took the next step to ask about properties that the city has that they might want to sell, and how I might be able to help them with this problem.

Here are some details:City's "full market value": $97KAsking price: $120K (this is typical for a duplex of this size in this area)Zillow estimate: $134K (seems high given the local market)The property was purchased 4 years ago as a foreclosure for $80K and has been extensively renovated and modified- on the interior only.