The only trite text I see in this thread is a strange love affair people are having with very low income and warzone areas.Knowing your market, putting a plan on paper and working numbers is advice I've bestowed, all I see in your post is blind encouragement and it oozes of naivete.

I told them I'd sell under appraisal , under market value and give them an allowance for blinds in the house if we do a quick sale / no price haggling.

These are blind auctions, meaning I have no idea what interest rate my competitors bid, and all I knew was how many bids there were on each certificate in total.

Then you have little stuff like mirrors, mini-blinds, new registers, etc.

Trying to blindly "time" the market is a mistake and is speculation, not investing.Also using this method through an online brokerage will minimize your management fees (vs. going through a financial adviser)

., and blindly believed if the bank gave them a loan, it must mean they can afford it!

I'm not being blinded by dollar signs in my eyes.

I know I am a little late to the discussion but this is what I have my "Property Locators" looking for: FSBO signs For Rent Signs Overgrown yards Overfilled mailboxes/excessive amount of newspapers/packages Notices on front door Blue tarps on house Boarded up windows Garage sale signs/Estate sale signs Abandoned cars No curtains or blinds Inside looks emptyHope that helps @Burt L.

Make sure he transfers your half over to you or else he could rob you blind.

Due diligence by the original lender would have to be non existent, maybe a lender who was family and trusted you would loan on blind faith, but I never would.Just my opinion.Rick