Agent charges when you buy are paid by the seller, so don't really affect the price.So, I'd say if you FSBO is, pay some concessions and use conventional financing, you might get away with paying $105K for it and still get about a $15K profit.Are houses actually selling in the neighborhood?

In my own neighborhood several houses are for sale in the upper 300s.

The legal organ is the countys' legal newspaper.

One of my targeted market for SFHs are 3bd/2bath in working class neighborhoods.

We have whole neighborhoods standing empty.

The price range was from $3K up to $25K over the list price of the REO, and all of them were privately owned so some easier negotiating on price would be likely.It's in a "transitioning" neighborhood so once you get outside of a 10 block radius you can find some real "beaters".

...or if you want to keep it simple, you could just look at the newspaper (in the "houses for rent" section).Good Luck,Mike

We are looking at a particular neighborhood because of schools and amenities, and that is limiting our choices.

Yeah definitely not at the problem as foreclosures keep going up.The values are just getting slaughtered in some neighborhoods because of the foreclosures.

When I go to areas or neighborhoods I am interested in.