@Chris Mason, Hahaha, thank Chris, that is classic!

Maybe;  My recent sale in the Spring of '16 totally contradicts this classic theoretical approach. 

Classic formula price of .75% below market less repairs and holding costs.

You can also go to the store and look at the color brochures, find one with historical or classic color combinations.

Sounds like Robert is heading to jail for predatory dealing LOL, doesn't matter what the market is, unless the market is changing very fast, pumping up the sale price on some dump overvaluing it with seller financing is classic predatory lending.

My favorite buys are the classic "worst place in a good neighborhood."  

Lenders will use the Equifax Beacon 5 score, TransUnion Risk Score Classic 04, and Experian Risk Model v2.2.

The classic motivated seller.And my best flip to date was on Hilltop.

Adam, one piece of advice would be to leave your check book and credit cards at home.Every free seminar I've even been to has been an upsell to a seminar that does cost money, and/or a book/tape course and/or (the trend seems to be toward) a coaching program that has either a big up-front cost or a monthly ongoing fee.If you would like to go study how a salesman pitches a room of people however, it will probably be a great case study in sales techniques, especially the last 15-30 minutes where they really ratchet up the sales techniques.You'll get to see all the techniques like getting the audience to agree with simple statements to build rapport, presenting the "total cost" and then "slashing" it for a "today only discount", the old classic "limited time only, while supplies last" and its variant "for the first ___ people at the back of the room", etc.I've gotten good value out of seminars over the years.

Had a change of heart the day after closing" is held up as the classic example of clear-cut unambiguous felonious mortgage fraud, when they train us.It's never happened to one of my people, but other BP members have posted that mortgage loan underwriters have discovered self-incriminating posts, like the OP, via Google, and denied mortgage loans as a result.