There is plenty of equity in the property, but since most of it is penalties and interest and if it is true that they get nothing if the house goes to foreclosure, then it is an unnecessary expense that we would like to avoid.

If this is true, then I'm only after a report that reveals the Tax/Mechanic and Judgements.

Does the bank like the BPO to reflect the TRUE Market Value, or are they looking for more of an "inflated price"?

This is true that the homeowner can refinance their home to save themselves but in most cases it is very hard to get conventional lending when you have a rolling 30, 60, or 90.

Yes, true that you always need to keep learning.

After three price decreases of course, not always because of market conditions, but often due to agent neglect.100% true.

We find value priced horses with potential, place them in training, and sell them in 60-120 days.My brother and I also have a fantastic time starting and/or investing in businesses.At the end of the day, real estate is my true passion and it is something I have been blessed to be very good at!

I would be lookiing for a 9% cap or better on the true figures.

The rockets have won 22 games in a row.

Any competent banker should be able to back out the expenses and depreciation to understand your true financial situation.Good Luck,Mike