Moya's lawyer may find something in the law books to get him out of it (like waiver under sick company, etc)

You'll have to actually come up with the financing to buy the house, then turn around and sell it in a totally separate transaction to your end buyer.

If the closing is similar to a regular house closing, could I expect or try to negotiate any costs into the final price and you said before the title contingency is not necessary (of course an inspection though) -- is it automatically included as the bank had to do this anyway when they assumed it on their books?

However, I've not used an attorney on real estate transactions.

everytime one recommends these books..it sounds like a SLAM :joker: buthttp://www.amazon.com/Complete-Idiots-Guide-Estate-Investing/dp/0028639766I read Idiots guide and for Dummies on all Kinds of subjects..they are really well written.

That is not an arms length transaction!!!!!!!!

The more REO's on a banks books, the more reserves they must keep in place and the less they can lend.

No daisy chains.Daisy Chains are the number of people involved in the transaction.

Read some of the books out there that are really good.

according to Ron Legrand you should buy a few books, while getting started.