Thanks Kristian and BrianNot the news I wanted to hear, but what I was expecting.I think I will treat it like wine and 'let it age'.

The returns are good news b/c now I can cross off those bad addresses from my list.2) I have gotten 2 responders (actually talked to me) so far out of about 300 mailed letters, and generally higher call volume calling my recorded message (can't prove it's from my letters, but likely given the timing).3) My letter was brief (one page) and highlighted the pain points for tired landlords (vacancies, repairs, late payments, expenses, etc.)Still not yet getting motivated sellers calling me, but at least I'm getting a few calls.

This should not be news to a person who is able to read a book :roll: The order of things First the banks break the people Then the banks go broke Then the government goes broke There are 3 types of people in the world.

I assume he's talking about the HOPE for Homeowner's program.http://www.hud.gov/news/release.cfm?

Hi Ingrid,I don't think it has so much to do with them waiting to hear the latest bailout news as it does with them just being way, way behind.

http://money.cnn.com/2008/09/29/news/economy/bailout/index.htm?

Soon I expect even submitting a short sale package will require a check for the full amount to be held until the lender accepts the offer.This is great news for those with good sources of ready funds that don't require any kind of approval in order to use them.If the bailout is approved in the next couple of days and signed by the President as promised this week.

Most of the news people are reading today about our financial and housing mess is due to the improper use of equity.

The good news is... we still have the vote and a voice.

It is breaking news, so there is not a lot about it out there yet (you heard it here first on BP) - stay tuned and it will hit the mainstream.Until then, how is CBS as a credible source:Jittery Californians Buying Bullets And Safes Do your own Goggle research, do not just take it from me.