One of the collections agency is suing her for a portion of the debt and just opened the case on Nov 1.When I clicked on the "case history", it read1/24/2013 Suggestion of Bankruptcy, filed.Not knowing what this is, I looked that up and it said, "Suggestion of bankruptcy is a document filed with a court to put it on notice that the defendant in a pending lawsuit has filed a bankruptcy case."

I still feel the US economy and related aspects have a lot of bad mojo to purge and I want to be prepared for job loss, currency collapse, etc....Joshua Dorkin - if a profile picture is is what you want, a profile picture is what you get...but consider yourself warned.Looking forward to working with you all.PJ

I'll have to check to see if it is is PMI or FHA MIP.

If someone comes to me, I'll send them your way.If you need help in your search or want to verify something don't hesitate to ask.A great is example is I have clients worldwide and things are just as easy as I e-mail them, talking on the phone.

My question is, is there any way I can position myself to be able to buy this property when foreclosure ultimately occurs?

The good news is I got the rent...1 for 1!!

A lot of times I'll see homes where the trim has been replaced with nice white painted baseboards and door casings, but the flat boring doors are still there.So the question is, is it best to switch out boring flat interiors doors with nice 6 panel interior doors or do you just leave them.Obviously first and foremost is the price point of the home.

Hey Lori Walker - sure thing - here is is: Newsletter From 1/27/13It's a summary of the wholesaling articles written that week over on the BiggerPockets Blog.

Also as another has mentioned the FED does not directly control long rates, however if one examines the coorelation is is quite apparent that the FED is the dog that wags the the bond market being the tail.

UPDATE:I wrote a letter and submitted in writing to both the listing agent and the asset manager at the bank.The gist of the letter is "I am Kris Fox of xxx, LLC.