The first was a finance offer 4K over the asking price.

I never looked at any of these sites as being a final say but it would be nice if someday they can get a better handle on it.

I ended up submitting a bid for $25k and was expecting a "final bid" coming back from the Realtor due to several bids submitted.

But the parents should have the choice.As for Non Profits, I work as a Finance Director for a Non Profit and I can tell you that all of us work for up to HALF of what we could make in the Private Sector.

Jeffrey, I come from a finance background as opposed to a real estate background and would do the calculation a little differently from Jon H.

Now, the agent is askin me for a sample MHP Master Lease Option Agreement Contract to help structure the deal and give to his lawyer to draft a final contract.

In the contract I stated that I would need 10 business days to gather all information and make a final offer.The recent comps (last 3 months) show $85k-$110k.

The bottom-line is performance, if you have the ability to close, have a a 7 day due-diligence period, and have a finance contigency, you should be allright.

A finally thought, this might be a good time to do this since we should see some appreciation but I still believe there are better deals out there.

I am wondering if one of those transactions did not get recorded (essentially clouding the title to the property), would there be a fine from the assessors office?