It is on a block where there are all new construction homes and only his old house with the 2 connecting lots.

Underwriting is as much an art as an ability to adapt rules, regulations and applicable law.Loan originators are problem solvers, they need to be able to originate loans within the guidelines and address the bumps that may throw up road blocks and coordinate the entire process.

Just one other thing along the bulk purchases, you can break them down as Dion mentioned but you also work off of several loans or blocks from the weighted average to maturity, weighted average yield, weighted average collateral (LTV/CLTVs) as well in a portfolio.

Our house needs updating but is certainly livable and there's similar sized new construction (w/o parking) going up on our block and all around for $110k more.

Also, the dishwasher will not drain unless you go under the thing and flush the lever by hand.

These guys can purchase large blocks of homes in specific zip codes, but REI's are going to heal the bulk of the problem a few homes at time.

Your move and set (assuming it's a move and set as that's the "going" rate at $3000) is literally that: tear it down, move it, set it back up on blocks (you pay for blocks if they don't transport or there's not enough), tie it down (you pay for anchors) and level it out.

Right now I am pretty much a brand new fresh of the block (not really) wholesaler.

ok. that makes a little more sense. btw, you should always be there when someone like that is moving out. you never know if she will take the cabinets or pour cement down the drain pipes...

We live in a very tight knit area, I'm just the new young kid on the block, literally.