I live in the Illinois I am looking to buy some property for cheap I don’t have much money and finding out how to buy property for the taxes or for what is left of the mortgage payments and no I dont want to join any mailing list or club’s. just the raw details

A few years ago, a friend allowed me to move into a trailer on her property, make small payments to own the trailer (done), and I’ve lived on her property without paying lot rent since. They’ve had hard times, missed some mortgage payments, and now are hearing noises about foreclosure. I’m not sure what steps they are taking or are able to take; they’re in bankruptcy also (trustee keeps taking such large sums out of their only paycheck that they don’t have enough left to pay mortgage & living expenses).
If they are foreclosed on, will my trailer become part of it? Will they lose their computer or other saleable items in their household? How long will they (& I) have after a formal notice to find a new place to live? I would not pay to move the trailer; it’s very old and run down. If I gave them back the trailer, could they get it taken away? If the trailer is on their property when the foreclosure goes through, will I lose the trailer? Do I have any other rights?
I’m not interested in purchasing their land. The trailer is already in my name.

Asking senior citizens as we value your wisdom and also you may have already faced such a move in your life. I would really like people who currently live in Florida to answer please so I can get a “local’s” perspective. My husband and I are both college graduates. Though we make mortgage payments, even with the current economy, we could sell our home for more than what we paid and end up with a profit. My husband and I feel we could both get decent jobs in Florida and one of us would probably move first and rent until the house sells or until the other one of us gets a job there also. I work in healthcare. Also with the prices of homes right now in Florida, we would then be able to pay cash and outright own the home we buy in Florida. And, we would not have any other debt. We do not have any family here where we currently live nor do we have family in Florida, but we do have friends who live there and we vacation there often. We are so tired of the cold, and we also believe it would be a healthier lifestyle for us. Is there any reason anyone can think of why we shouldn’t move? Even with not having debts and if our house in FL was totally paid for, should the economy be a concern? Thank you in advance for responses–making a big move is always nerve-wracking, but that’s why we would try to do it in steps.
Wow! Thanks for the responses so far, very interesting and helpful! More info about our situation–I actually did live in FL for about 6 months in my 20′s and loved it. My husband is originally from a warm climate and also loves the heat. So, for us heat and humidity is not a problem. Currently we live in Chicago and while we love the city and its diversity, for those of you who haven’t lived in this type of climate–imagine bone chilling winters, dangerous ice on the roads, having high utility bills during the worst months. While we are not senior citizens yet, we are starting to feel arthritis only during the cold months. We are very active and it’s very hard to spend days and months indoors because the weather is too biting cold and there’s too much ice and snow to even go anywhere. The air quality from pollution is not good. As far as work, we have a lot of experience behind us, but we would definitely have jobs first before making the move.

Say for example I have a condo which I need to sell immediately. The condo is priced below market value but not moving on the market. Are there any options in a situation like that if one needs to sell fast. Auctions or short sell do these exisit? Any ideas?
oweing 95% of the market value. 300K prob. not behind in mortgage payments but in need of a fast sell solution. Its a new condo.

My husabnd and I own a house together. I have a court order granting me sole use and possession. There is a court order to sell our home. The house is no longer on the market because he refuses to sign with a new agent due to the fact that no agent will list our home at the price which we were court ordered to list it at. I cannot afford the mortgage payments and must sell the house. I tried to reach my attorney but he is on vacation for a week. I need to get the home back on the market so that I am not in contempt and so that I can sell the home.
There was no quitclaim because equity is in dispute.