The interesting thing is that this is near mostly residential and it looks like the two buildings next to it were both two flats as well so I'm thinking it might already be allowed with the zoning.But now its the rehab costs that have me a little spooked. :-)It would be a fun project to do though with the high ceilings on both floors.

So I was "spooked".

But, I wouldn't be spooked simply because they want to use their attorney.

Just the mere assocoation ofo it once being in a flood zone could spook them?

Here in Illinois, the housing market has taken a beating so banks are all undercaptitalized and/or completely spooked when you mention investment property loans and in-house.Sad but true.

Sellers use a multitude of reasons to tell tenants.Sellers do not want every yahoo buyer walking around their complex spooking tenants.

The incident was so creepy that my wife bolted from the room without saying a word and I followed, as her reaction spooked me as well.

If prices are going down just because prices are generally going down and buyers are feeling spooked, that's one thing.But if it is depreciating because the drug dealers are moving into the neighborhood and all the factories have closed and there is no living wage work, then that is a different situation entirely.Also, when you are running your figures, remember that the dollar loses perchasing power over time.

I got it now, I think the term "agreement" is used to make the seller a little more comfortable instead of using the word "contract" that will probably spook them.

Sure, the window displays are switched from spooks to sleigh bells, passing right over sweet potatoes, squash, and stuffing; but I saw electric candles twinkling in house windows, low-voltage icicles on the eaves, and big inflatable Santa’s flopping around in leaf-strewn front yards, as if lamenting the lack of snow--all before the ink on the Thanksgiving shopping-list was even dry.