[SD Realtor]

I absolutely agree with you about buying at TS not for owner occupants but I think there is a qualifier there for people who are savy enough to understand the risk and proactive enough to mitigate it. As you know this takes time, money and alot of elbow grease. People in default are not friendly to potential buyers but offering them some cash for an inspection for a few hours is not out of the question. Again, I am more of the opinion of be wary, and maybe TRY, and like you said, this is not for everyone. Yet for a few people who can roll up the sleeves, understand the risk, and maybe get some professional help to mitigate it, there may be opportunity.

[SD Realtor]

I absolutely agree with you about buying at TS not for owner occupants but I think there is a qualifier there for people who are savy enough to understand the risk and proactive enough to mitigate it. As you know this takes time, money and alot of elbow grease. People in default are not friendly to potential buyers but offering them some cash for an inspection for a few hours is not out of the question. Again, I am more of the opinion of be wary, and maybe TRY, and like you said, this is not for everyone. Yet for a few people who can roll up the sleeves, understand the risk, and maybe get some professional help to mitigate it, there may be opportunity.

[SD Realtor]

I absolutely agree with you about buying at TS not for owner occupants but I think there is a qualifier there for people who are savy enough to understand the risk and proactive enough to mitigate it. As you know this takes time, money and alot of elbow grease. People in default are not friendly to potential buyers but offering them some cash for an inspection for a few hours is not out of the question. Again, I am more of the opinion of be wary, and maybe TRY, and like you said, this is not for everyone. Yet for a few people who can roll up the sleeves, understand the risk, and maybe get some professional help to mitigate it, there may be opportunity.

[SD Realtor]

I absolutely agree with you about buying at TS not for owner occupants but I think there is a qualifier there for people who are savy enough to understand the risk and proactive enough to mitigate it. As you know this takes time, money and alot of elbow grease. People in default are not friendly to potential buyers but offering them some cash for an inspection for a few hours is not out of the question. Again, I am more of the opinion of be wary, and maybe TRY, and like you said, this is not for everyone. Yet for a few people who can roll up the sleeves, understand the risk, and maybe get some professional help to mitigate it, there may be opportunity.

[SD Realtor]

That is the thing though, yes it does suck, for many more people then just you and CAR. I can tell you I have had many many buyers who have been outbid like you guys. Same story.

Look you just said you and CAR. Both of you guys are smart and very savy. You guys know the websites, fidelity, and priority posting, (and rpp for el cajon) and you understand the game with postponements and such. I am sure between the two of you, there is someone you know who you can pay 15 or 20 bucks an hour to send to the auction. It is not like you would be sending them everyday either. You guys are looking for a home to buy not to flip correct? So if that is the case I think you guys will be a little more discriminating. You make it sound like you would be sending someone down to the auction every day and that will be far from the case. You will know when the auction date is, and you will want to do drivebys and get whatever info you can get about the home. You will find that you will be sending someone down there alot less then you think. You also will be able to comp the home to figure out your fair value or how much you will be willing to overpay to get it.

Again, is all this easy? No. However I don’t think it is as insurmountable as you make it out to be. I think if you put as much time and energy into it as you do with normal research you do, you will be quite successful. You guys are sharp.

[SD Realtor]

That is the thing though, yes it does suck, for many more people then just you and CAR. I can tell you I have had many many buyers who have been outbid like you guys. Same story.

Look you just said you and CAR. Both of you guys are smart and very savy. You guys know the websites, fidelity, and priority posting, (and rpp for el cajon) and you understand the game with postponements and such. I am sure between the two of you, there is someone you know who you can pay 15 or 20 bucks an hour to send to the auction. It is not like you would be sending them everyday either. You guys are looking for a home to buy not to flip correct? So if that is the case I think you guys will be a little more discriminating. You make it sound like you would be sending someone down to the auction every day and that will be far from the case. You will know when the auction date is, and you will want to do drivebys and get whatever info you can get about the home. You will find that you will be sending someone down there alot less then you think. You also will be able to comp the home to figure out your fair value or how much you will be willing to overpay to get it.

Again, is all this easy? No. However I don’t think it is as insurmountable as you make it out to be. I think if you put as much time and energy into it as you do with normal research you do, you will be quite successful. You guys are sharp.

[SD Realtor]

That is the thing though, yes it does suck, for many more people then just you and CAR. I can tell you I have had many many buyers who have been outbid like you guys. Same story.

Look you just said you and CAR. Both of you guys are smart and very savy. You guys know the websites, fidelity, and priority posting, (and rpp for el cajon) and you understand the game with postponements and such. I am sure between the two of you, there is someone you know who you can pay 15 or 20 bucks an hour to send to the auction. It is not like you would be sending them everyday either. You guys are looking for a home to buy not to flip correct? So if that is the case I think you guys will be a little more discriminating. You make it sound like you would be sending someone down to the auction every day and that will be far from the case. You will know when the auction date is, and you will want to do drivebys and get whatever info you can get about the home. You will find that you will be sending someone down there alot less then you think. You also will be able to comp the home to figure out your fair value or how much you will be willing to overpay to get it.

Again, is all this easy? No. However I don’t think it is as insurmountable as you make it out to be. I think if you put as much time and energy into it as you do with normal research you do, you will be quite successful. You guys are sharp.

[SD Realtor]

That is the thing though, yes it does suck, for many more people then just you and CAR. I can tell you I have had many many buyers who have been outbid like you guys. Same story.

Look you just said you and CAR. Both of you guys are smart and very savy. You guys know the websites, fidelity, and priority posting, (and rpp for el cajon) and you understand the game with postponements and such. I am sure between the two of you, there is someone you know who you can pay 15 or 20 bucks an hour to send to the auction. It is not like you would be sending them everyday either. You guys are looking for a home to buy not to flip correct? So if that is the case I think you guys will be a little more discriminating. You make it sound like you would be sending someone down to the auction every day and that will be far from the case. You will know when the auction date is, and you will want to do drivebys and get whatever info you can get about the home. You will find that you will be sending someone down there alot less then you think. You also will be able to comp the home to figure out your fair value or how much you will be willing to overpay to get it.

Again, is all this easy? No. However I don’t think it is as insurmountable as you make it out to be. I think if you put as much time and energy into it as you do with normal research you do, you will be quite successful. You guys are sharp.

[SD Realtor]

That is the thing though, yes it does suck, for many more people then just you and CAR. I can tell you I have had many many buyers who have been outbid like you guys. Same story.

Look you just said you and CAR. Both of you guys are smart and very savy. You guys know the websites, fidelity, and priority posting, (and rpp for el cajon) and you understand the game with postponements and such. I am sure between the two of you, there is someone you know who you can pay 15 or 20 bucks an hour to send to the auction. It is not like you would be sending them everyday either. You guys are looking for a home to buy not to flip correct? So if that is the case I think you guys will be a little more discriminating. You make it sound like you would be sending someone down to the auction every day and that will be far from the case. You will know when the auction date is, and you will want to do drivebys and get whatever info you can get about the home. You will find that you will be sending someone down there alot less then you think. You also will be able to comp the home to figure out your fair value or how much you will be willing to overpay to get it.

Again, is all this easy? No. However I don’t think it is as insurmountable as you make it out to be. I think if you put as much time and energy into it as you do with normal research you do, you will be quite successful. You guys are sharp.

[SD Realtor]

JP how are we defending the market? Come on now…I am defending the right for people to make money. Seriously look at all the cancellations and postponements and compare them to the sales you are upset about. We are talking stats that are 1 for 20 or 1 for 30. Look at how many people are allowed to live in a home without paying a mortgage and compare that to flips.

There is no defending the market. Defending the market would be someone saying you should go buy now. These guys asking 599k for Villa Terrace are crazy. You think they will get that. You spend paragraphs and paragraphs complaing but you spend one or two lines saying no I will not send someone down to trustee sale even though yes you would have bought the home.

Once again, it is one of those I can’t get what I want because other people are doing what they want. Even though with more work, time and effort maybe I can get what I want but I choose not to do that.

Well then wait. The market is manipulated and you be patient and let it come to you or you play hardball and work harder to go get what you want. The numbers that are on the manipulated side are so vast that it makes the flippers look like they have all the listings.

There are other people I have met that do this for a living and if it were up to you guys you would advocate taking their livelihood away. I just don’t think that is right. What the govt and banks are doing is wrong, more wrong then ever, but telling people no you cannot do this or that anymore is even more wrong.

[SD Realtor]

JP how are we defending the market? Come on now…I am defending the right for people to make money. Seriously look at all the cancellations and postponements and compare them to the sales you are upset about. We are talking stats that are 1 for 20 or 1 for 30. Look at how many people are allowed to live in a home without paying a mortgage and compare that to flips.

There is no defending the market. Defending the market would be someone saying you should go buy now. These guys asking 599k for Villa Terrace are crazy. You think they will get that. You spend paragraphs and paragraphs complaing but you spend one or two lines saying no I will not send someone down to trustee sale even though yes you would have bought the home.

Once again, it is one of those I can’t get what I want because other people are doing what they want. Even though with more work, time and effort maybe I can get what I want but I choose not to do that.

Well then wait. The market is manipulated and you be patient and let it come to you or you play hardball and work harder to go get what you want. The numbers that are on the manipulated side are so vast that it makes the flippers look like they have all the listings.

There are other people I have met that do this for a living and if it were up to you guys you would advocate taking their livelihood away. I just don’t think that is right. What the govt and banks are doing is wrong, more wrong then ever, but telling people no you cannot do this or that anymore is even more wrong.

[SD Realtor]

JP how are we defending the market? Come on now…I am defending the right for people to make money. Seriously look at all the cancellations and postponements and compare them to the sales you are upset about. We are talking stats that are 1 for 20 or 1 for 30. Look at how many people are allowed to live in a home without paying a mortgage and compare that to flips.

There is no defending the market. Defending the market would be someone saying you should go buy now. These guys asking 599k for Villa Terrace are crazy. You think they will get that. You spend paragraphs and paragraphs complaing but you spend one or two lines saying no I will not send someone down to trustee sale even though yes you would have bought the home.

Once again, it is one of those I can’t get what I want because other people are doing what they want. Even though with more work, time and effort maybe I can get what I want but I choose not to do that.

Well then wait. The market is manipulated and you be patient and let it come to you or you play hardball and work harder to go get what you want. The numbers that are on the manipulated side are so vast that it makes the flippers look like they have all the listings.

There are other people I have met that do this for a living and if it were up to you guys you would advocate taking their livelihood away. I just don’t think that is right. What the govt and banks are doing is wrong, more wrong then ever, but telling people no you cannot do this or that anymore is even more wrong.

[SD Realtor]

JP how are we defending the market? Come on now…I am defending the right for people to make money. Seriously look at all the cancellations and postponements and compare them to the sales you are upset about. We are talking stats that are 1 for 20 or 1 for 30. Look at how many people are allowed to live in a home without paying a mortgage and compare that to flips.

There is no defending the market. Defending the market would be someone saying you should go buy now. These guys asking 599k for Villa Terrace are crazy. You think they will get that. You spend paragraphs and paragraphs complaing but you spend one or two lines saying no I will not send someone down to trustee sale even though yes you would have bought the home.

Once again, it is one of those I can’t get what I want because other people are doing what they want. Even though with more work, time and effort maybe I can get what I want but I choose not to do that.

Well then wait. The market is manipulated and you be patient and let it come to you or you play hardball and work harder to go get what you want. The numbers that are on the manipulated side are so vast that it makes the flippers look like they have all the listings.

There are other people I have met that do this for a living and if it were up to you guys you would advocate taking their livelihood away. I just don’t think that is right. What the govt and banks are doing is wrong, more wrong then ever, but telling people no you cannot do this or that anymore is even more wrong.

[SD Realtor]

JP how are we defending the market? Come on now…I am defending the right for people to make money. Seriously look at all the cancellations and postponements and compare them to the sales you are upset about. We are talking stats that are 1 for 20 or 1 for 30. Look at how many people are allowed to live in a home without paying a mortgage and compare that to flips.

There is no defending the market. Defending the market would be someone saying you should go buy now. These guys asking 599k for Villa Terrace are crazy. You think they will get that. You spend paragraphs and paragraphs complaing but you spend one or two lines saying no I will not send someone down to trustee sale even though yes you would have bought the home.

Once again, it is one of those I can’t get what I want because other people are doing what they want. Even though with more work, time and effort maybe I can get what I want but I choose not to do that.

Well then wait. The market is manipulated and you be patient and let it come to you or you play hardball and work harder to go get what you want. The numbers that are on the manipulated side are so vast that it makes the flippers look like they have all the listings.

There are other people I have met that do this for a living and if it were up to you guys you would advocate taking their livelihood away. I just don’t think that is right. What the govt and banks are doing is wrong, more wrong then ever, but telling people no you cannot do this or that anymore is even more wrong.

[SD Realtor]

Agreed every situation is different. The original landlords are usually never inclined to skip rent so yes they keep people in. However I took from the op that he was more concerned that the new landlord is going to flip the home. Thus if indeed the new landlord was going to flip the home I think he would offer cash for keys.

Also even with trustee sales, actually tenant/squatters are OBLIGATED to pay rent under the lease terms or else evictions can start immediately. However if they do pay the rent then the landlords hands are tied.

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