Is there earnest money involved in a contract for an reo?

If you are serious about buying into a tenant in common program and would like some choices from respectable and trustworthy people in the industry email me and I will get you in touch with someone who has a perfect reputation and has been in business fro over 20 years.

He has a $5 bill monthly revolving budget with top ups if needed.A recent deal in which I have been involved in with him ( and a nice little earner for self ) has been a reverse sale of $100 mill ( well 98.7 mill ) of bulk purchased and inventoried REO's.

Prosecutors were able to include in the indictment properties in the District and Virginia because the proceeds came back to Montgomery.The transaction involving McLeod's grandmother, Edna G.

Get involved, and you will be amazed the information and knowledge you will received from people LOCAL to your area that KNOW your local market!

Normally involving some sort of earnest money for liquidated damages.An alternative could be an option agreement in that the buyer can buy but is not required to do so.Getting the property under contract.

Check out CTC and/or the TX Tech program here for some basic accounting, intro to law and economics etc.

They deal with educating REI's, but it costs $19,500 for the whole program.

Anyone familiar with this "program"?

The conditions are now perfect for investors... and also, have never been better for PROPRLY QUALIFIED home buyers.97% FTHB mortgages are still available for those qualified for FHA Programs... 100% FULL DOC mortgages are still available for those with mid FICOs 660+ ... 90% SIVA mortgages are still available for those with 680+ / 700+ mid scores."