No net loss in that case.

Then ask them how do they calculate the opening bid at the auction.Banks are not going to let the properties go for less than they feel it is worth minus acceptable losses (within reason=subject being less than the foreclosure costs, carrying costs, closing costs, REA costs, costs, costs, costs, etc.)

Unfortunately with leveraged investments, you can have to pay some of your losses to exit.Jon

I sometimes feel like there are more real estate "get rich programs" than there are fad "weight loss" diets.

., listed on the deed as owning an undivided interest) he participates in the monthly NET profit or loss.

These loans are generally bigger loan amounts meaning bigger loss mit fees.

Population losses are projected to continue through the end of the decade (-1.3% 2005-2009), employment growth 6 month rolling average: -3.3%, and unemployment 6 month rolling average: 8.8%.

I am slowly recovering.

Loss mitigators are slow and overworked.

., and The Citizen's Saving Banks' acquisition of all deposits was the "least costly" resolution for the Deposit Insurance Fund compared to all alternatives because the expected losses to uninsured depositors were fully covered by the premium paid for the banks' franchises.As of June 30, 2008, Ameribank, Inc. had total assets of $115 million and total deposits of $102 million.Customers who would like more information on today's transactions should visit the FDIC's Web site at http://www.fdic.gov/bank/individual/failed/ameribank.html.