It takes ALOT more work then your every day buyer and seller, but repeat business is worth its weight in gold, and friendship will last a lifetime.In this market, investors are the key to being successful, and this would e the site to meet them by my prediction. again, good luck!!

They have since reduced the price to $99,144and today they will accept a Bid of $85,580 This house is in pretty good shape, and it sits on 2 Lots - Once the Price Reduction hits the system, we will have to go through another 10-day Owner/Occupant priority period, so we should move quickly on this if you are interested.

The people that over-payed for property "ruined" the comps in an equal and opposite manner.Principal reduction loan is highly unlikely (as others have said) due to the fact that it is not owner occ.

The banks are NOT going to make major principle reductions, nor are they going to adjust people to lower rates.

I think some may feel as if the article in the proposed bill pertaining to principal reduction loan mods will actually put an end to much of the short sale demand.

When I use the Case-Schilling Index it leads me to believe that some markets like Phoenix and Las Vegas are near where the prices should be, therefore we should not expect to see a major price reductions in these areas.

You may have to protest the valuations in order to get a reduction.

Why can't I ask for the 10% reduction?

Lets assume that for every house that has started the foreclosure process...whether its preforeclsure notices on down the line....get the benifit of a 1.5% reduction in their rate (fixed) and a 10% reduction on principal.

About this same time, I had let my weight get up over 300 pounds(I'm 5'6"!)