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Property Acceptance Requirements

Please review this page carefully. Use the list below to quickly find out if your property is a fit for our walkaway program. As a guideline, we look to acquire properties in good condition, in good neighborhoods. We tend to avoid properties that do not fit this general criteria, as they prove to be poor investments over the long term.

Does your property qualify?? Lets first review excluded property types, conditions and areas of the country. We are not currently accepting properties from the following states UNLESS the property is in pristine condition with absolutly NO deferred maintenance.

Alabama, Arkansas, Connecticut, Iowa, Kentucky, Louisiana, Michigan, Missouri, Mississippi, North Carolina, Pennsylvania, South Carolina

As a rule for all states, these types of properties are not accepted:

NO mobile homes (manufacture home on a foundation is OK), raw land, commercial properties, 55+ community properties, or 'seasonal rental' properties

We also do not accept properties with these conditions or circumstances:

No Fixer or 'handyman special' properties. **No properties with a foreclosure date set (see below). No overly-agressive HOA's (HOA's that try to foreclose, or to take posession of properties, or take away gate keys, etc). No properties in extremely rural areas. No urban decay areas of the country. No deadbeat tenants...or pending evictions. No outstanding water/sewer bills (seller must pay these to have the property accepted). No properties built prior to 1960 (unless renovated recently). No empty or non-operating pools.

Now that we've gotten all the exclusions out of the way, here's the good news:

YES properties where you are behind on payments. No need to make up back payments. NOTE - you do NOT have to be behind on payments for us to acquire your property. We can acquire when you just missed your first payment, or have decided to stop making payments, but are still current. In fact, the earlier the better!

YES existing tenants. We will assume management and honor the tenant's lease

YES vacant homes are OK

YES single family residences, condos, townhomes, vacation homes, multiplex (up to 4 units), manufactured homes on a foundation

**Q: My property has a foreclosure date scheduled. Can your company still by my property?

It is our policy not to accept properties where there is an existing foreclosure sale date scheduled. Since our process with the bank is a legal process, it takes time. We are not an emergency foreclosure rescue service. Ideally, you should sell your property to us when you are first deciding to stop making payments. The longer you wait, the more difficult it will be for us to mount our legal defenses to gain leverage to come to a successful conclusing. Our greatest success comes from early default properties, where the owner recently decided to stop making payments, and where there is ample time to implement our legal tactics. This is well before the bank has set any sale date on the property.