What warrants 55 cents on the dollar aside from some poormortgage lender going under?

but the seller can always counter or just downright reject it.as for your offer(s) - as a wholesaler, you're going to have to play the numbers and put offers on properties that you at least can acheive one of the following:1. justifiable comparisons that warrants a low offer2. accomodates the sellers needs (you need to know what they are)3. meet the criteria for buyers on your buyers list.additionally - DON'T WRITE ANY MORE OFFERS. consult a real estate attorney and a real estate agent (buyers representation).

If you have $2,000 per month rentals in NYC, then more amenities might be warranted (check out similar units).

Do you really feel that was warranted?

You don't say where you are; but I can tell you that in TX it is standard practice on a "foreclosure" (actually a trustee's sale) to issue a Special Warranty Deed, because the trustee was issuing the deed as a function of their obligation under the terms of the Deed of Trust.An "owner" selling would issue/sign a General Warranty Deed, however when you delve into what is being warranted under the terms of each it would be impossible for a trustee to sign anything other than a Special WD.I'm guessing you did get title insurance with this.You did get a "Warranty Deed", granted a SWD with this purchase.

Notwithstanding, a grantor of a warranty deed generally warrants the six covenants of title: seisin (old common law word for ownership--"to be seized of the land"), quiet enjoyment, right to convey, freedom from encumbrances, defense of title, and further assurances to perfect title.

Sadly, Loser didn't get hurt on any of the broken glass - ah well, he had an outstanding warrant on him when they nabbed him for this so maybe he was made a prison girlfriend for a while.

As far as I am concerned, a 10% price drop barely even counts as a correction and it certainly does not warrant all the panic that the press is trying to drum up.When prices were going up 30% per year, I wouldn't have bothered to purchase a property that I could only get 10% reduction in the price. 10% off is no bargain, and 10% isn't diddly squat in real estate prices.Somebody wake me up if prices drop 50%, because I'll have some serious buying to do at that point.

However, I think this is quite a unique situation and warrants a new thread.

:lol: Yes, the online web-based version would solve the problem, but I don't do enough of this stuff to warrant $25/month or whatever it is and I'm not working with colleagues or teammates, needing to share data.