If you find that no permits were pulled, but the seller is boasting about the new kitchen and upgraded HVAC...well, now you have some leverage.

For a long time I have recieved many solicitations for various refi programs, boasting of no fees and appraisals, etc, only to find out that I should've never recieved the mail in the first place.

There is mostly fluff pieces boasting about all the advantages and very little talking about the potential disadvanatages.

I've been studying investing in RE for several months now and I've occasionally run across an email that is boasting about a individual property's "Replacement Cost Equity", usually a SFR.

Even if it's an inexpensive system, it's another feature of the house that can be boasted.

That remarkable 3BR 2BA brick SFR (built in 1948) with half bath in the unfinished basement boasts over 1600sq of habitable space. 2 car garage, price at only 77K.Based on the comps in the area I think I can sell it for around 135-140K when done.http://s994.photobucket.com/user/roundrock1977/library/bellwoodI realize I do everything wrong here : the property does not pass 70 rule, I buy for too much, I buy from MLS as opposed to from home-owner or wholesaler..but it offers an excellent learning opportunity...at a moderate risk . there is potential to make rental out of it for 1500 a month if everything else fails.

Maybe we can actually boast the guru life!

Then there's the airfare boast (old commercial when agglomerators (expedia) were just getting started): Whatever you paid for the trip someone will always boast they paid half that;-)4.

Get in the way of progress - In a student rental area, especially if the school is expanding its enrollment - which that information is normally boasted upon at the schools site.

Most turnkey providers boast that they sell you deals at 10% UNDER market.