There are problems here on a multitude of levels, but in answering your question, the bottom line is that in any financed deal, the lender will indirectly set the value to some extent in today's market.As pointed out, many appraisers were attempting to set values according to what was necessary to make the deal happen for the broker.

Start at these sites and subscribe to their email alerts:Bulk REO (REO)Homevestors (wholesale fixer uppers)HotBargainProperties (a lead system for motivated sellers)Don't buy anything that they email to you.

The current inventory level nationwide is almost 10%.

You are in someone else's territory and need to have a heightened level of awareness.

As one of you stated, the banks would be idiots not to work with me, so I feel I have the upper hand.

(unless of course your entity has credit history/worthiness in which case the loan would be determined on those levels)Case in point from a person in the lending business:You need to do a personal guarantee on the loan, then move it in.

I realize this may be a quite rhetorical question, but after how many years (and houses) would you say you got to a reasonably comfortable level of satisfaction where you could afford a decent lifestyle with some money left over to invest in a few more properties.

I'd heard of baiters before, but these guys too it do a whole new level.

In CO they seem to reflect at least a little bit of reality as the sales price from the HUD-1 is recorded at the county office.An "indpendent appraisal" is conducted by a (generally state) licensed individual as is relied upon by buyers (sometimes) and lenders for determining their level of risk.

In CO they seem to reflect at least a little bit of reality as the sales price from the HUD-1 is recorded at the county office.An "indpendent appraisal" is conducted by a (generally state) licensed individual as is relied upon by buyers (sometimes) and lenders for determining their level of risk.