Introduce yourself and let them know where to send rents and who to call with questions or repairs.

Call a title company and find out what costs are in your area, tell them what your deal looks like, they will let you know.

If they say no, then it's your call. 

Which means the bank could call the loan due immediately, without all the lengthy non-sense required to foreclose, if the property is transferred to you.Second, you need to know, directly from the bank how much it would take to bring the loan current and avoid the short sell.  

I grew up in the suburbs of Chicago in a small town called Oswego, Illinois.

Adjusted called and I gave as much info as possible.

(Before the auction)Location: Bayou City Event Center 9401 Knight Road, Houston, TX 77045The Harris County Engineering Department and City of Houston Floodplain Management Office will be offering a short presentation to assist bidders in understanding potential issues with sites located within the floodplain.If you are unsure of the potential challenges that go along with purchasing property in the floodplain, come to this informative session to get answers.The presentation will be followed by a Question and Answer period.Topics include: How to Determine the Floodplain Status of a PropertyWhat Jurisdiction the Property Lies WithinFloodplain Management Rules for Unincorporated Harris County

the spread was usually 10% or so..But for sure if a deal is stressed because 6% money only works and 7 or 8% money throws it out then those are some really tight spreads to be working with.. and one would not want to be signing up for 3 to 5 year call notes. 

Not the 'smartest' thing to do, but definitely the 'safest'.I would not call it 'competitive', but it works.  

Hi Andrea,Read reviews, call and or contact the company to ask questions.