In many parts of the country property prices are flat or declining.

In my area and probably most areas, there are small communities and neighborhoods move through a cycle just as any business model, start up, growth, maturity, stagnant and decline.

I don't care what nobody says things can happen and cities/towns can go into a decline.

The other heirs (brother's children) can affirmatively provide you an irrevocable assignment of their interest(s) or decline to accept.

Update:Offer was declined.

Yes the ROI in certain areas has declined as the prices have come up.

You just might be a real estate investor if…One of your property managers emails you to tell you that a potential tenant you declined for tenancy is threatening to sue you and that they have “connections†with the city and your first thought after reading the email from your PM is, man I am hungry, it’s time to eat something.

If you're in a market like Detroit, with a continuously declining population, then regardless of how cheaply you buy the house, it may still be a loser (because you can't keep it rented).Mike

(fid = flat, incline,decline) I try to eat as well as I can.

Hello there again-[size=18][b]Mortgage Insurance for Older, Declining Areas (Section 223(e))[/b][/size]Summary:Section 223(e) provides mortgage insurance to enable people to purchase or rehabilitate housing in older, declining urban areas.