I can't wait to sign the papers, get the keys in my hand and go over and wash/paint the walls, do the minor repairs like add a railing to the basement, etc., If anyone else going through the process of buying a foreclosed home, hang in there.

So far, he has moved six families into foreclosed homes and has nine on a waiting list."

And then to stop paying for my house, and wait for the foreclosure.

The last 2 are minimal over the LONG run.

The bank is waiting.

I think the deals are in the short sales, if you can wait out the process time.

Since you've already let them go this long, I would wait to see if they pay (with the late fee) in 6 days.

I am still waiting to talk to the negotiator, but every time I call I am assured there is no foreclosure being scheduled.

Trial and error, you are going to make some mistakes, the key is minimizing the mistakes.

"Don't wait to buy real estate, buy real estate and wait."