She changed her mind several times and even got cold feet when I had all the paperwork ready sitting at her dining room table.

We did the paperwork, then wiring our $10,200 EMD; now waiting to hear as to whether or not the Seller/Bank will accept our bid/offer.

About 2-3 weeks later we mailed Yellow Letters to that same group of owners and our response rate essentially quadrupled.

These are essentially tethering kits that are installed behind large items of furniture to allow them to be "tied" to the wall.See this:http://www.nbcnews.com/id/48573739/ns/health-child...These kind of accidents are horribly common.  

You can see the timeline below and my question afterwards.Contract / Paperwork Timeline - April 29th - Submitted original documentation- May 4th - Received request from seller for revisions (submitted the corrections on the same day)- May 11th - Received the seller signed addendum (submitted paperwork for the inspection for Friday, May 15th)I never got a response from the realtor to say that he has received documentation or emails and he has not confirmed the inspection date or even let me know that he has received my request. - Considering the money involved, is it normal not to hear from your realtor and for things to take so long?

@Vricia SanchezI love Bakersfield because the lower cost of homes compared to other parts of Southern CaliforniaThere's two problems right now, sellers have no equity and buyers of a hard time getting financingI coach lease-option assignments where you talk to the sellers and show them that when they sell with an agent, pay 10 to 15% of the value of the house to sell, when they add up all the costs: commissions, closing costs, seller concessions, Piti costs while selling, etcSometimes sellers have to pay to get rid of the house or they have no money to move forwardThe solution is lease to own where home owner enters into a lease option with you the real estate investor and then you sell your paperwork to the renter home buyer who was having a hard time getting a mortgage Real estate investor earns generally 3%, 3% of 200,000 is 6 grandPm me if I can helpBrian

The advice, forums, and podcasts have been essential for me becoming an investor.

Plus you must deal with all of the paperwork that must be filed when your an agent. 

This way I'd essentially have no money down and extra cash on hand to fix up the basement (plumbing issue, 8k-10k, 4 bidders so far).

The problem is, my relative is going through a bankruptcy and he said the "paperwork has already been filed with the bank", I guess to surrender the house to the bank?