I am also interested in a Short Sale strategy of REI and would love to pick your brain as I am relatively new to the game.

RealtyTrac tracked foreclosure-related filings on 2.3 million U.S. properties in 2008, an 87 percent jump from the year before, with 861,664 homes making it through the entire process to become REOs.The Mortgage Bankers Association's surveys of members suggest one out of 10 mortgages was either delinquent or in the foreclosure process at the end of September, and Moody's Economy.com estimates 12 million homeowners are "upside down" -- they owe more on their homes than their properties would fetch in today's market.RealtyTrac senior vice president Rick Sharga told attendees at the Inman News Real Estate Connect conference in New York City this month that an analysis of 500,000 distressed properties in four states in the company's database found only about one in four were listed for sale in a multiple listing service, or MLS.That suggests that as many as 75 percent of distressed properties have yet to hit the market, Sharga said, and that many of those homes will soon be putting pressure on inventory and prices as banks repossess them and put them up for sale. . . .

Set your goals and objectives and then pursue them.Welcom and good reading.

They're a value the county uses for tax purposes and may or may not have any relation to the actual value.Using the loan proceeds to pay back the loan is a bad idea.

I thought the texas markets were relatively stable. that's unfortunate

If they say no right off, keep asking for creative or out of the box solutions to get to your objective.

I spent a lot of summers in istria(the peninsula in west of the country,to the border with the slovenia) and in my opinion there are a lot a beatiful places,especially on the west coast(few examples are litle and relatively peaceful cities like porec,rovign or novigrad), wich have a big potential for every kind of business or just for build the house of your dreams by the sea,but until now foreign investitors were not allowed to buy these proprieties unless they were a company owners.finally, today the croatian government opened the door to everyone who want to buy a house, a app. or a lot in this beatiful country. personally i think this is a great opportunity for everyone interested in making a smart investiment!!!

Funny, how the tax people find everyone they need to find.Landlords objected to the idea of signing away their right to object to entry by the government and the word "annual inspection" rolled off of the codes administrator as he was explaining "probable cause" "warrants" etc.

Sought information (where available): current address, phone # (home, unlisted and/or cell #), possible relatives.

We have the fundamentals of our business already established and are relatively young in our market.