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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Foreclosures : what can be done Posted by Bigv on May 29, 2002 at 8:57 PM Most of the active people of this forum seems like they are from the West Coast. I am from the East Coast. We have a huge amount of people that are going to be foreclosed on in about a week. Most of the the people had there mortgage only for a year. So we could be looking at a $200,000 house that someone is willing to hand over to you the next day because he can't handle the payments. Is there anyone on this forum know of a benefit by obtaining the property? This may be a trade secret. I don't know. I would be even willing to hand a small compensation for the answer. To much money to be made, why not spread it around. Could you do a section 8 on it? How much would section 8 cover on a house that cost that much? Surly there is someway to benefit from those type of situations. Thinking Cap??????? Follow Ups: Probably not much.. Ward-CA- 12:56 AM, 05/30/02 (0) Probably not much.. Ward-CA- 12:52 AM, 05/30/02 (0) Probably not much.. Ward-CA- 12:51 AM, 05/30/02 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Most of the active people of this forum seems like they are from the West Coast. I am from the East Coast. We have a huge amount of people that are going to be foreclosed on in about a week. Most of the the people had there mortgage only for a year. So we could be looking at a $200,000 house that someone is willing to hand over to you the next day because he can't handle the payments. Is there anyone on this forum know of a benefit by obtaining the property? This may be a trade secret. I don't know. I would be even willing to hand a small compensation for the answer. To much money to be made, why not spread it around. Could you do a section 8 on it? How much would section 8 cover on a house that cost that much? Surly there is someway to benefit from those type of situations. : Thinking Cap??????? Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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