They ( Countrywide) sold my friend two houses even through she was in her 60′s. When one was scheduled for foreclosure I took it over subject two in a land trust. I tried to get Fannie Mae to do a short sale and they were asking 25K over the original loan. Some SHORT SALE -” I guess that was their way of say **** NO “ 

the government has given all the lending institutions the ability to write off all loan losses thus enabling them to stay in the housing game, taking the biggest losses and they get to write it off. You think the fix isn’t isn’t in.  Most of the money the government gave bank were used to rebuy the original loans at cents on the dollar. Here is some math for you. You have a mortgage and the bank forecloses, they sell a $200,000 note at $20,000 so they now own your house for $20,000. The original bank writes off the loan and in most cases get reimbursed, The second bank refuses to deal trying to get the most out of its recent purchase. They hold the sales price trying to hit a home run because they have no money in your loan. If the government gifted every recorded taxpayer equally the money they used to salvage the banks everyone would have gotten over $30,000. loans would be paid down, people would have bought new cars, what do you think that would have down for our economy. the bubble was created by greedy investors, enabling sister banks and institutions to make money on both sides. How do you think the head of citi bank or citi group just sold the most expensive condo in NYC for 88 million. Do you think he got the money the old fashioned way?????

It’s amazing what 20 years of investing can do to these lenders If you know there tricks ( Become a Liquidator 4 the lenders ) Its a wonderful thing and they don’t have a clue who there dealing with because I play the same game on them when making my offer to the lenders and use secret words every time and get 50% off ( Short Sale are time consuming there is a easier way to do them ) at the court house steps…
You can try the short Sales w/ the lenders get about 5% of them done beat your head on the wall all day long or get them 25% to 30% cheaper at the sale (1) hour before the sale that is……………………………

Yes I know we all have tricks to getting these deals at a great price some just take longer then other I have purchased over 4,400 properties with out lenders knowing who I am and the funny thing is I here the buzz on the sites and there asking who is this person can anyone find out ( Here is a inside secret 3 Offers at once ) Works like a Charm………
NINJA