However, high foreclosure rates, increased housing inventory and declining prices may represent a once-in-a-lifetime opportunity for investors to make intelligent long term acquisitions.

People like him who can't control their emotions, only add to the decline of BP's reputation.

I see the population has been declining, but have also heard good things about it.There is supposed to be a rail system being put in place that will travel to Hoboken, NJ which has easy paths to NYC.Any information about the area will be appreciated!

The bank declined the loan.

PBMs are squeezing retail pharmacies and it's hard for mom and pop pharmacies to stay open with declining reimbursments.  

He project managed my entire property renovation while I was overseas at ABSOLUTELY NO COST.I offered to pay him on a number of occasions and he declined.

Some good websites:CLRSearch.com - you can find all sorts of demographic and crime information including vacancy ratesHomeFair.com - More of the sameCity-Data.com - Search by zip code and you can see if that area is growing or declining.

I'm unsympathetic to the declines in rankings described in that article.

Lynn you are making a common mistake between a FORECLOSURE sale and an auction.You can auction a property for any reason and any type of property.There are many auction houses across the U.S.Banks are just like any other seller who goes through selling process.In the beginning they get an inflated appraisal when they foreclose and feel hopeful.The after multiple price drops they get desperate and here and auction will get them an inflated price.The auction company talks them into a low started bid to get action but tells the bank they can always decline the highest bid if it's not over the banks set reserve.It works just like Ebay almost in that in many cases an item will not meet it's reserve price.In that case the seller can accept the lower bid,counter the bid,or withdraw the property or item all together.Each auction house works differently.If an auction says no reserve that means that whatever it sells for will be the price.In many cases finding a deal at an auction is not likely.People get emotional and ego's make them overpay.An auction is just another avenue for a desperate bank to try and sell a property.Foreclosure at the courthouse steps is when the bank has not foreclosed yet and they can set a bid to see if anyone bites or they will take back.The auction companies are very specific on earnest money and the agent is not to blame for their policy.If the bank does not accept your bid and you are the winner you will not lose earnest money.If you back out after acceptance you could lose it.I remember chuckling every time I saw in REO magazine the owner of an Auction company touting winning bids at auctions.What they didn't say is many of those winning bids never make it to closing and the banks re-list with the broker/agent again as an REO or just activate the listing again.

It is set up to be a viscous cycle of declining or stagnat values.