A lot of people facing foreclosure that I have spoken to recently are are not able to refinance their homes due to the ever-tightening lender requirements in this depressed real estate market.

Unless credit tightens so much that nobody can get loans I think the market will turn around when we hit the point of PITI equally market rent.

When I was in the machine room looking at everything realizing that every nut and bolt was placed there and tightened down it blew me away.

With credit tightening, sellers will need to offer financing to move their houses.Best of luck to you,Barbara

If they loose I will tighten up.

Tighten the hatches boys and girls, we are in for a long, hard ride.

Throwing this into the mix might put a strain on your relationship and once things sour up you will wish that you never would have gotten involve with that person in business.

MozillaInternet ExplorerFWIW I use Firefox and I don't have problems (other than the servers occassionally being overloaded by the strain of people trying to access the content here :mrgreen: )

The secondary market took a beating from these types of deals in '04-'05 and are tightening up their criteria.

As interest rates climb and banks tighten up, I believe creative financing strategies will become even more of a factor than they are now.