Hello everyone,I'm currently helping several of my clients buying REO properties locally in Southern California.

Just let them know that you send a 100 of offers a day and it would be a waste of paper and time to fill out a complete purchase agreement..Now if there client agrees to the LOI then by all means send in a purchase agreement..Make sure it says and or assigns behind your name and in the addendum make sure you have your clauses " Outs" like Subject to partners approval, Subject to property title search.

Hi guys,I showed a property to a client that was apparently in the redemption period of a foreclosure.

Focus on listening to what the seller needs to accomplish.

WH.....this is good, but again i am thinking on a couple things here, only wanting to make things flow as simply as possible with little to no gliches at the end of the transaction....i'll try to explain what i mean and maybe i'm speaking for many out there that are making some attempt to find success in this endeavor....in regard only to a short sale transaction the following occurs:property owner (let's call this person the "seller") allows for an individual (let's call this person the "buyer") to "purchase" the property merely for the sake of the "buyer" moving forward to deal with the loss mit people at the lender.as time moves along, this "buyer" gets written confirmation of the lender accepting the "price" offered via the customery HUD-1.now let's say for illustration purposes the "approved" price the lender has agreed to is $250000, the value of the property seems to be in the neighborhood of $350000 and the "buyer" wants to "double escrow" this bad boy for $300000 (generating a clean $50K profit)......in this illustration/scenario the question remains: "what is the cleanest, simplist" way to accomplish this?

This is a great place to look for new clients.

I have not, nor would I, do that, without having good financing and could afford to increase the payment to the point that it would be rentable in the local market.I have a client with excellent credit that did that when the Vegas market was at a high.

A large competitor of mine in the area is offering this service and the jist of what I am understanding his goal is to negotiate a repayment plan that both the bank and the mortgage holder agree upon (ex: client is 3 months behind with a 750 a month mortgage.

As a hard money lender I had one client that has 3 deal failures on a similar transaction as the buyer had three lenders back out at the last minute.

As a Property Manager, on certain types of rehab projects for clients (outside of "normal" repair and redecorating) we charge either 10% of the contract price, or a straight hourly fee (terms are negotiated at the outset of our property management agreement).