All else fails, send a signed contract with your next payment with language that states, “As per our conversation with one of your counselors” and have in their that all negative remarks will be removed from your credit reports.

Lito, you definitely need a closer pic, I mean a handsome fella like you, with all the BP Lito groupies at the gatherings asking you to sign their chests, they deserve a closer pic!!

Get a signed contract ASAP!

If the agent has an "exclusive right to sell listing" then they are getting paid no matter what, unless they voluntarily cancel, which they are unlikely to do.If the agent has an "exclusive agency listing" then the seller is free to sell to a buyer that is not represented by a licensee.If you found out about the property through the agent (their sign, ad, the MLS, etc.) it would be a bit sleazy to try and cut them out of the deal, don't you think?

I'd select the 20year amortization.

Are you able to select certain REO properties to buy personally through your job?

I think it's generally agreed that it'd be in my best interest to find a few buyers before I sign that first contract to buy.

Once you have the contract, if there is any profit in it, you will get your investors, because you have something firm, to show them in writing, about where the profit money is going to come from.It's normal in commercial to get all the contracts signed before any build-out starts.

It certainly not a matter of just sticking out a few bandit signs, putting up a web site, and waiting for the checks to roll in.Jon

There are a select few markets that are seeing moderate price increase.