As lenders continue to tighten up their underwriting guidelines partly due to a combination of weakening lending institutions with lowered cash reserve balances, a technically insolvent FHA which continues to "insure" the vast majority of new home mortgage loans, worsening home sales comps due to the increasing numbers of foreclosures, and more and more struggling Americans who are just trying to survive in this ongoing economic meltdown, we continue to try to search for new opportunities for our clients.

Prior to the official start of The Credit Crisis in 2007, it wasn't very difficult to qualify for a home loan with the seemingly hundreds of loan options available such as no income verification adjustable loans and concurrent lines of credit. The availability of take-out mortgage financing (or purchase money financing) is typically what drives home sales. The easier it may be to qualify for a home loan, then the easier it may be to sell one's home.

As we are clearly in the depths of a worsening economy partly due to high unemployment numbers, the erosion of so much of America's industries which may have been "outsourced" to other countries, and our "frozen" financial markets, investors are still looking for opportunities in real estate whether it be in land, commercial buildings, or one or more single family homes which may or may not cash flow depending upon the current mortgage financing options.

At this point, our internal foreclosure analysis software systems and affiliate network sources are helping our clients "match and merge" existing home sellers in Southern California who are unable to work out a loan modification, or complete an approved "Short Sale" to an approved home buyer who now meets the more stringent underwriting guidelines with buyers looking for those same types of properties.

Our focus may be on purchasing (directly or indirectly), or bringing in new individual or invesment group buyers to acquire these properties in a very short period of time.

Many of these transactions will be structured so that the new buyer does NOT have to formally qualify for a new mortgage. In addition, these deals may be structured so that the buyer may only need to bring in a relatively small down payment (3% to 5%), and the buyer may be an individual, an LLC, or even a new corporation.

Many of the monthly payment options may be somewhere in the $1,200 to $3,000 per month range which may be as low as many rental properties in the same region.

We will keep you posted as we continue to improve our system which may help both motivated sellers as well as motivated buyers who are in search of owning their own home in the easiest and most quickest way possible.