Now its ALL in writing I finally learned to have a iron clad detailed contract . 

What's ironic is my brother-in-law's dad was a lawyer. 

These are the same idiots that insisted we paint WHITE the old cast iron (slightly rusted) vent pipes on the roof of one of our rental properties.

Ironically almost half the calls come from Non-Section 8 people anyway.If they do have a voucher I ask the followingWhat's the reason you are looking at moving?

Ironically, my agent warned that buying a short sale property can be a lengthy process.

Iron/tile sewer pipe that will need digging up.

Ironic if it's the same person haha.

I wish I was around to be a part of this thread when it was happening just to have something to chuckle about when I was driving around, but I was too busy out there making 50% :D Heck I'll take 3% of purchase price which is 100% of earnest money, get my irons out of the fire and then take that money and put it in a CD to counter balance the stress of having cash in pre-construction.Cheers!

I know I need a good, iron clad agreement, I assume I would want to be in "first position" mortgage wise, I assume I would want the improvements part of the loan to be disbursed "as needed", etc.

Although, the ironic part is, even if we had a premonition of the coming collapse and told Buyers to stop buying, what would have happed to the market anyhow?