Looking ahead, it has become clear that the housing market is going to take some time before it returns to a normal supply and demand cycle.

The margins are simply much thinner and you can no longer just rely on loss mitigation (savings vs. costs) for your justifications.The truth is banks do not want the product, but the supply and demand remains askew and as long as it does, short sales are necessary evil for lenders.Originally posted by Tom Kitas: How does anyone get the bank to approve this from the prospective of the A seller?

The "expert" that drafted the residential lease that I use also supplied me with a separate lease that covers garages.

I've also learned Realty Trac also supplies this data and they offer a free 7-day trial membership.

With the theft of buyers from future periods and the fact distressed properties continue to be a problem, your left with a higher supply which means prices will fall.So when you factor in all the above, the results are that pricing from the previous periods have to catch up with the supply-demand curve which it eventually will.

Since we can probably benefit from having a larger money supply, right?

Especially galvanized supply pipe and lead drain pipe.

Someone's opinion of the ARV may be subjective, but the ARV (given a small range of error) is set by supply and demand.Good investors know what the ARV of their investments are...banks and listing agents rarely know, because they rarely care......if you think that there are no investors consulting with the banks for investor insight, think again.

there are only 24 hours in a day --first you need a well thought out Business Plan -- supply and demand as well as appreciation study for new area-- if homes are selling cheap and rent is high --may not be long before you have competition --Several ways-- Have an LLC and go Private Placement offering--to rasie $1.0 million --and buy 10 to 20 houses in one year---or even six months --if you are aggressive and have foreclosures or fixer uppers available in area- 25K per building ( hosue) - may not be enough and too much paperwork -- too slow process-You need to decide how much your time is worth -what can you make as salary -full time -minimum $80,000 per year - subtract all expenses --car -mileage , meals etc --then project profit and offer 50 % of profit -- alsoneed to consider income taxes --deprecition as well as capital gaines tax--need to run projections over five years -- how many houses will you buy and how long will you keep ?

GIMP and Irfanview are two free tools that supply some of the PhotoShop functionality...