But your counterpart (seller) is more than likely disposing of the asset because he/she didn't run it very well as a business.

Sellers not willing to spend any money for those test....they did a phase I ESA and the reports says:- “ Identified several RECs, primarily associated with the property adjoining the subject property to the north including auto service operations, a waste oil UST with no confirmatory closure data, and gasoline dispensers/piping without proper closure documentation.

Groceries, gasoline, utilities? 

Looking at prices of common goods one can see price inflation; see gasoline, health care, college tuition, food, silver, oil, etc.

Because wholesalers are conditioned to move and move fast, there is never a reason to lock up a deal for more than 30-45 days, unlike are professional counterparts that need up to 6 mos.

They would have to wait for ALL their "better qualified counterparts" to obtain residency if that were the case.

Without getting into a tirade of details, private security driven mortgages loans ‘seemed’ to have preferred to preserve principal balance and lower rates as a response to market decline and borrower hardship opposed to their public counterpart which was given specific directives to reduce principal and consider lower rates through HARP and HAMP, etc.

It's as uneventful as gasoline prices ticking up.

"A loaf of bread was 10 cents and gasoline was 15 cents a gallon when I was a kid..." 

If rates end up going down, that would be just gasoline of the fire.As of October we had 7.5% appreciation according to MLS.