@John Christodoulakis I grew up very close to Valparaiso in Wheeler, IN and my parents still live there so if there is anything I can help you with please let me know.Let me first just say that older, historic properties are usually not worth it.

@Kevin Wood and @Frank Adams FEMA and local communities update the Flood Map periodically based on historical data. 

Housing market, especially in Central New Jersey has not seen such a downturn historically.

Historically San Diego does have a very long track record of both property and rent appreciation. 

Historically the margins have just been too small or non-existent for condos.

I am trying to get access to the MLS to pull historical data on sales and find potential leads but am having difficulty.

@Vincent Pelletier Historically it's always been a good time to buy because long-term prices almost always go up.

Historically there has been outstanding property and rent appreciation. 

There are a lot of historic homes down low, but you can find a good small multi there every now and then.

My parents can bid on the house themselves, but that requires coming up with $500K in cash, which (the attorney indicated), added to their court judgment for $200K, would give them the buying power to bid up to $700K.Questions:On #1: What do we go about researching the likelihood, based on historical trends, that the house would auction for less than 700K, or 70% of market value?