When I first moved to Irvine, CA back in 2002-ish I rented a 2 bedroom apartment in one of those leasable luxury communities, but was driving a beat up, oil leaking 1990 Jeep Cherokee.

@Jessie Niu I have a post somewhere on the forums detailing the entire process, but basically it had to do with a decomissioned oil tank that the bank was unwilling to remove, so we asked them to give us $50k back at closing to assume the risk(We did soil sample tests and other tests), they settled with lowering the purchase price $50k.

I do no money down through the combined use of seller financing and HELOC but the reality is that I have the money to back the dealThe more money you have the less money you need.When you are first starting out the "no money down gurus" are selling snake oil.

Thanks, @Heather Olson we can all learn from each other and it's great sometimes when life serves us some lemons and we can make lemonade.

Need your advice: today my client was ready to sign contract to purchase a single family house and was told that there was a oil tank removed 25years ago.  

I got the Flying Start style in Oiled Leather color.

Oil, gas, wind, photovoltaic, biofuels -- all are really solar.If someone finds an actual explanation of what's going on with this engine, I'd like to see it.

I dropped out, moved a 1000 miles, and headed out into the oil patch.

Why did it take so long for oil to tank?  

However, if you look at the overall Bakersfield market, you can see that we are approximately 25% below our previous peak, and with oil, ag, and water hurting right now we have not really appreciated like other parts of CA.