This way you can minimize your mistakes and avoid some of the risks involved in real estate.

I did send a loan request from him and it was approved in 8 hours :-) , and he did request 750 usd as loan fee payable in advance and again refundable with the loan.He/she was ready to release the loan in 24 hours :-) , I mean it must be such a great deal to get paid in less than 72 hours from application.Amount involved : 4.5 M usd..I am online with him and he states he is in Nigeria.

Anything involving money or an investment you need to meet them in person OR have someone you trust that is local do some research for you and meet them on your behalf.Spending a little money now can save you a ton down the road.It is very easy for scammers to prey on out of state investors much less out of the country.

., the first notice for the foreclosure was filed), the act doesn't apply at all.How was the HOA in possession of this property?

There is no maintenance fee involved actual and thats true there will be any maintenance!!

It's too late for woulda shoulda coulda, but all of this should have available at closing, and the dollars involved should have been on the HUD.

The VA doesn't get involved in the loan approval process as that is handled entirely by the private lender.There is no down payment required as long as the price doesn't go above the appraised value.

Kevin, just a reminder that you also have to transfer the security deposit, get any info on the condition of the property when tenant moved in, and anything else in the seller's file pertaining to this tenant to protect your interests if you become the landlord, even if you find out you can give 60 days' notice.

Just make sure he files/records a Warranty Deed to continue the chain of title.

I filed for a eviction and sent it through the normal channels and they answered stating that they have "equitable Interest" in the property and we could not evict.