I went ahead and bought it and am loving it.

i noticed at the bottom of his page it says you will then be charged $24.95/month.thanks,chris

I did notice that a large majority of the investments are pre-owned and not new.

Another thing I've noticed with bank owned property - they come onto the market in waves.

Now if the property was worth say $275 and the mortgage was $250 they might still take a small loss and sell it for slightly lees then owned (Say $240) because when you add on the foreclosure costs and the re-marketing cost they might still come out ahead or at lest even and it would be done now not later.

BMR-I noticed your location is CA.

You carry around a stack of "pay rent or quit" notices in your car, just in case6.

The investors for whom I negotiate build their buyers list through Craigslist, their own websites and the typical other methods: signs, referrals and MLS.I know it's tricky to list on the MLS without first having lender approval but if you list at a realistic price and disclose ahead of time, you may catch that buyer who has the time to get "mortgage ready" and doesn't mind the wait.In fact, one investor I know has a program called "Get Mortgage Ready."

Take them to heart and you will be noticed real fast!

The owner is served with a notice from the lender.