@Jack Trader - we don't offer defaulted taxes, but we are used by a lot for folks who research it by hand to get the other info they need for each property.

All (excluding lucky) successful fundamental investors and technical traders integrate a sound strategy for risk management, hedging is a component of what Buffet might call a fundamentally sound investment station. $66 is 1.2% of profit, if there is any chance of the described loss being incurred, risk reward ratios would insist hedging when it's cost is only 1.2% of profit.

Creative Financing is the Art of "Horse Traders."

The point is that distressed areas have such prices because it is difficult to invest there, and areas that appreciated the most rapidly may well have peaked to unaffordable levels.I saw a podcast recently where it was claimed that high-end grocery stores like Whole Foods Market and Trader Joe's are a good indicator of a high-end neighborhood.

Pick areas that have a lot to offer....great schools, great jobs,  high traffic, close to major players like Trader Joes, Whole Foods, Starbucks etc.

I think the $/sf value you get being in that neighborhood, next to Snooze and Trader Joe's and a straight shot down 8th to downtown Denver is hugely attractive.

No one knows if its true or not - could've been made up by some underpaid trader.

I dont know whether or not I want to trade real estate but the courses were a great insight and Im sure it will help me in the future even if I dont trade....enough about me...

There are hundreds of institutional public and private bankers, hedge fund managers and institutional traders in big legal trouble these days.The way these deals are presented and supposedly done in this "bulk asset" private broker black market industry is absurd.

Hope they help:1)Greed Is Good: The Capitalist Pig Guide to Investing By: Jonathan Hoenig2)Trade Options Online (Wiley Online Trading for a Living) By: George Fontanills3)The Option Trader Handbook: Strategies and Trade Adjustments By: George JabbourJames