Remember, the weighted telephone wholesaler is lying or exaggerating is to see if his lips are moving!

This often works, because the trail of list price reductions is prime evidence that the current list price that attracted the bid is in fact "market".As Jon says, you could track it on your county website and bid on it at auction, though it will be several months likely.

I made 3 price reductions and no luck.

I don't have the exact data at my disposal, but I would guess the raises have been roughly 5% if you weight them by the property values.

Can you explain this risk to the seller and then ask for a "reduction" in price because of the future possible litigation and loss of time??

These costs include agents' commissions, closing costs, sellers' concessions, and if you do not list below comps, then maybe a price reduction.

Least - I grow tired of tenants sometimes :) And, the weight of it all sometimes seems ominous, but I just remind myself that everything cashflows.Full time real estate is fun - but only if you LOVE real estate.

I don't foresee paying nothing off as I feel the need to do at least some debt reduction (somewhere around 30K).I would like to get everyone's opinion on what they would do in this situation.Thanks!

I did deals all over New England.I'd be interested to hear if you're walking in with it in-hand or if its being requested when you present and offer and if its being requested then by whom and does it also accompany a deposit.Sorry to jump in on your thread with this but I'd like to know.If its helpful to this convo I don't think we ever made a decision with the client on whether or not to accept an offer or negotiate based on the depth of the buyer's pockets it always had to do with how much the asset was on the books for weighted against the potential for further loss.

Just one other thing along the bulk purchases, you can break them down as Dion mentioned but you also work off of several loans or blocks from the weighted average to maturity, weighted average yield, weighted average collateral (LTV/CLTVs) as well in a portfolio.