Thats about the level of magnitude you're looking at to get one of these blanket loans done......And believe me, 3 or 4 times is no exaggeration.

It's also a numbers game.I will contact 100 sellers (no exaggeration) on a weekend. 80 of them won't respond. 10 will say no right away. 10 will say they are interested.

If it was as good as the figures suggest, the Seller should not be needing to search for Buyers who have no credit or savings.Lenders must see these sort of exaggerated claims all the time - and should not be blamed for sending the borrower-wannabes packing.But hey, go look at it.

Some counties are accused of exaggerating values to try to increase taxes,  others at under valuing properties, etc.So the answer to your question depends on which is better in YOUR county.

While this is an exaggeration the principal holds true. 

The dangers of mold are greatly exaggerated by personal injury lawyers and mold remediation companies.

While wholesalers tend to offer way below the value, realtors can for instance get the listing by exaggerating what the value of the property is - they list high at $200,000  - they get the listing and after the house doesn't sell their solution is to reduce the price to say $190,000. 

Hey Thomas,I appreciate the advice, and yes I'm alluding to that but also some of the logistical and auxiliary issues mentioned in the reviews are exaggerated versions of the truth.

But from what people tell me, you need 2 union electricians to change a light bulb and a city inspector to confirm it was done right (Emphasis through exaggeration of course).  

Obviously this a big exaggeration but there are multiple disciplines involved, ten times more regulation and laws involved and major risk from every side of the transaction and the work doesn't end at the closing table it only begins there.