Also we only have neighbouring neighbourhoods for rental CMA and they seem low, around $1600 for 2000s/ft which wouldn’t cover mortgage.

websites, neighbours etc..also, how do you do financing for short sales.

Right now, its a 5000 sqr foot home on the water, with Al Pachino as my neighbour ( realy good price for rent. $1500 month)I could rent a home for $700-$1000 if i wanted to live with rats or mice in an absolute dump.

The PIGS (Portugal, Italy, Greece, Spain) were receiving benefits of linking their economy to that of Germany & France.

A co-worker told me that they purchesed a town house in Greece and that they got a good deal (about $140,000).

The area where the Beverley Farms Elem have some homes in the $550K range (older style ranch homes) but their neighbours who have torn down their older homes have built these mansions that are going for $800K-$1million.

One of my neighbours told me that if the house burned down, my insurance would not cover the loss.

If you've been watching the recent economic events in Europe, you'll have heard of the Greece debt crisis.

Here in SE England the 5-6% is before any expenses, so if you have to rehab or replace items you can be down even more points.On a wider note I am more confident the US has reached the turning point than I am about Europe, the whole Greece thing is making it very hard to predict the future.I am concerned about people with things to sell and the distance that puts them from the truth, that's why I started this thread.

Although I am in CA, I am always available and even booked my Portland property from Greece at 3:00 AM.