Yes, I have met quite a few sound mind and know-how individuals who sell for less than market value and, yes, I have done it myself.

You indicated a 5-7 year hold time, if you amortize that cash over that time or use it as a down payment to lower the monthly mortgage and eliminate the PMI this should be a positive cash flow deal. 8)

I guess it really depends on your individual situation.

It does not lend to individuals.

This is going to depend on the individual market you are in.

I've been approached by an individual who has several properties that supposedly is scheduled to go into ForeClosure within 30 days and is seeking help.

I ran an urchin report with my domain provider and discovered that the hits were coming from individuals using the search terms, "short sales houston".

Both lose creditability with the potential clients.If there is a factual error just post the specific correction without trying to put down the individual.

It could mean that Bush is just restating what already exists or he could be indicating that more people will qualify for a tax free settlement.

For the past 40 years, we've averaged between 3-5% appreciation per year.Here are some numbers:Sales Jan 2006 – July 2006Houses Under Contract 10042Houses Sold & Closed 8811Average Selling Price $172,273Median Sales Price $138,500Sales Jan 2007 – July 2007Houses Under Contract 10213Houses Sold & Closed 8998Average Selling Price $173,845Median Sales Price $139,900% Change from 2006 to 2007Houses Under Contract 1.7% IncreaseHouses Sold & Closed 2.1% IncreaseAverage Selling Price 1.0% IncreaseMedian Sales Price 1.0% IncreaseWhile it doesn't represent a complete picture of the market, it at least shows some indication of strengthening.The number of total properties on the market is still relatively heavy compared to several years ago - but at least the rate that they are coming off the market is starting to increase.Generally speaking, partially due to the media frenzy about the "disastrous real estate market" - its still a good time to buy investment properties, or move up from your existing home.Its generally not a good time for a lateral move, or downsizing.