I know the answer is no…however if you were going to give the homeowner a small amount of cash to assist with moving,storage, and living expenses….creating the win,win,win scenario you could just offer the homeowner cash outside of closing, but how do you account for that dollar amount on the HUD 1 statement?? I guess you could inflate the purchase price, realitor fees, closing cost, or repairs, but is there another way to create the win,win,win scenario?? Most lenders have guidelines that only allow certain percentages for realitor commisions…..closing cost from the title company I can’t inflate…they are what they are……….

RISMEDIA, October 22, 2009—Top real estate executives and officials from around the country will convene to discuss Maximizing Distressed Property Business at this year’s RISMedia Power Broker Forum being held Friday, Nov. 13 during the NAR Convention in San Diego. This year’s faciliators and panelists not to be missed, include:   Facilitators John Featherston , President & CEO, RISMedia; Chairman & Co-founder, RISMedia’s Top 5 in Real Estate Network Allan Dalton , President & Co-founder, RISMedia’s Top 5 in Real Estate Network Panelists Gino Blefari , Founder, President & CEO, Intero Real Estate Services Tami Bonnell , President, U.S.

The Miami Herald reports from Florida. “If you think the torrent of foreclosures affecting every city and nearly every neighborhood and street in South Florida is as bad as it can get, here is a harsh new reality: There’s a new wave of foreclosures making its way through the courts that has nothing to do with exotic subprime loans, real-estate flippers out to make a quick buck or people who bought way more house than they could afford.

What home buyer wouldn’t be dreaming about getting one of those “great deals” that they have been hearing about for so long now? You know, the cousin of their neighbor’s wife just bought a great place with all the bells and whistles for practically peanuts after making a ridiculously low offer? Because of stories like this, buyers are inclined to push the issue and make offers that are far below list price although they have been given comparable sales information by their REALTOR® and have looked at many “deals” only to find them not to be up to their standards, needs or desires.

I STILL HAVE NO COMPUTER AND HAVE TO DEPEND ON JOE’S KINDNESS IN LOANING ME HIS DURING FOOTBALL GAMES. (I wish the COLTS played 24/7) “MY REPLACEMENT” Matty said… You have a great way of injecting humor into a conversation about death. That’s a hilarious joke there. Since death is hanging over our damn heads all our lives, you’d better get used to making fun of it. It has the last laugh. adrienzgirl said…