Less desirable areas where the big price run-up was all due to speculators are having the biggest price drops and will take the longest to recover.

You can just surrender option since there is no recorded change in title.2) Heightened disclosure to end-buyer lender in title commitment which denotes speculative nature of transaction.3) Available to use in any state.With the Land Contract:1) Name of seller on Real Estate contract matches Title Commitment.2) Name of owner on Real Estate contract matches name on Appraisal.

We're talking about several different businesses here.If you're talking about selling properties to newbies like Will does, then the 50% rule is meaningless and you do not experience the expenses.If you're talking about speculating on appreciation, then that is a completely different business.

Not buying into the bubble, doing a lot of research on the difference between an investor and a speculator, and choosing the be the former, and now some irresponsible people get a bailed out at my expense.

Speculation, pure and simple.

This is speculation, plain and simple.

Had you been investing and not speculating the rent would be sufficient to carry the debt load.

If the house has other offers coming in… then at that point you have to decide what you want to pay for the property and stop playing games with the bank… but if it’s only you making an offer… then you have room to speculate.

Or are you speculating they will drop?

Buying a bad deal because its the only one you can find is a bad idea.Now, if you really mean your speculating on future appreciation, and aren't worried about cash flow, and you can handle putting in more money, great.