Roger_FL

Thanks Michael for your response!

Michael-what forms of marketing are you using and which gives you the best response?

After today I don't think the Buc's need any explanation

Thank You Michael! I know Plantation well, as I grew up in Pompano Beach when there was an open beach between Pompano & Ft. Lauderdale! (Does that age me ) We are now on the Space Coast, Merritt Island to be be exact. Here it is really cold and will be around 32 tonight!

Just wondering how many Floridians we have on this board and your locations? Do you belong to any REI Investor Groups?

I would think in today's market and interest rate enviorment, the mortgage holder would not want to invoke the DOS clause. Most likely if they had to resell as REO, or reinvest their money in a new mortgage, they would receive a much lower interest rate. This is particuliary true if the current seller has not refinanced recently (because he may have bad credit, etc.)and has had the financing in place for a few years. Just my 2 cents