Just like most professionals that help people (attorneys, accountants, financial planners), attorneys often have clients that need more than they offer.What if an estate attorney needs to liquidate a house left after someone dies?

Having liquid cash rather than equity trapped in a home is better.

Senior areas are a problem for 1 reason.You want the greatest liquidity when selling.

I am ankle deep in sewage from spraying septic line accross the wall.

RE is not a market with great liquidity or with substitution (1 house is not exactly the same as another compared to 100 shares in a company being the same as 100 shares of the same company).You do need to know your market and you do need to adjust to local conditions as they change.RE prices do not fall all that rapidly.

Liquidity for investors in the higher LTV levels is not the infiinite playing field that it once was---but it is still available depending on a variety of circumstances unknown at this time.Regards,Scott Miller

Be liquid!

I have about $40k liquid in the bank, more in investments.

Normally involving some sort of earnest money for liquidated damages.An alternative could be an option agreement in that the buyer can buy but is not required to do so.Getting the property under contract.

If you're talking about alot of liquid sewage, call a septic company to come pump it out.