Let me remind you guys, with the nature of short sales, if you get them approved, you only have 2 weeks on average to close.

One of the main requirements for a loan modification is a hardship letter explaining the nature of your financial hardship.

Not bad and clearly the best ROI.If the value of the property is falling then I would expect the ROI is going to be very poor unless the NOI and cash flow after debt service is very good.I know the statements above are extremes or rather broad in nature.

I think that virtually every comp is now irrelevant because the mortgage rate environment is so different.Maybe I am chicken little who thinks the sky is falling but if we don't reevaluate the deals we have made offers on already, we may end up with approvals we can't resell.I think prices in general have to adjust down big time in one click just like mortgages adjusted up in one click.Yes, maybe the loss mits will not agree with our new valuations just yet but such is the nature of SS.The great deals always come at the END of a crises.

There is a natural tendency to explain in a specific context the full spectrum.John CoreyJohn Corey

Naturally the Realtor told me if I was real interested I have to "act now" as it won't last at this price.

Lime is one of those natural minerals that will help decompose flesh.

Is it from other flow-thru entities that are passive in nature?

Recessions are a natural part of the business cycle.

If I don't have any reason to think it will have problems, I begin to market the property immediately.In reference to property inspections, many property inspections will not be able to be adequately done in a wholesale deal.