That said age of house, deferred maintenance and any other improvements you could not concede from the seller should be considered.

@John D. much like a seller presented with an inspection report they hoped to avoid, I concede your point and it is well taken.

While I'll concede that a small amount invested over time is effective in building wealth (albeit not a large amount of wealth, nobody is retiring on the 100K they saved by foregoing lattes), the thinking is upside down.

I'll also concede that he may be very good at negotiating settlements but again, that's not getting somebody evicted in 2-3 months, it's simply negotiation.

I don't think anyone here is naive enough to believe Torrance SFR prices are the same from 21 years ago.I concede!

Although I definitely don't think that it was worth anywhere near that much money, I do have to concede that I don't know if I ever would have had enough courage to do my first deal had I not had someone there to hold my hand.

I will concede that the FHA is more vague about the issue.

They are only asking for you to concede because all they are thinking about as their risk is that $1000.

If/when we concede that the data supports this conclusion (Real Estate Market trends are Credit Market driven) we can then look to the credit market for clues to the future.Don't forget to show your work Ben :)

Of course I need to concede I am not in California and I know the rules of logic often don't apply in that litigious climate.