If you are positioned well going in and a swing comes, you can ride it out and it won't have any effect on you.

This has been a fun ride!

Yes, it is good to make sure that as investors we don't ride the price wave, but that doesn't mean we shouldn't invest either.

We didn't just ride the appreciation rate up on them.  

I'm from Texas and don't know what he is talking about either.Considering that some-one is trying to gouge $20k for a foundation, this is either a HUGE house or he's being taken for a ride.

What caused the damage (wind, hail, fire, etc..) and is that a covered peril (cause of loss) in the policy?  

If you end up getting this house, you will have an insurance on your end to cover up if anything was to happen in next 5 years.If there is further damage because of all this snow that we are getting right now, insurance is suppose to take care of it ... before you buy it ... yeah you may end up loosing $900 (and it sucks), but that may be better than getting a house that is falling apart ... unless of course you can renegotiate the price again with the seller :)I know right now you are probably very nervous about it ... just try to enjoy the ride ;) ... don't worryvsomething will work out ... there is not lost money, there are only good lessons.

Nope, your Dad is being taken for a ride.

Depends on where you are at in your business, what your ability to ride the wave is, and how comfortable you are with management of your account.I'll tell you whats cheaper; getting on my buyers list :)   Let me know if there's anything I can do to help

You need to know where your budget is and how long you can 'ride the wave'.