Also sometimes things don't look like a good deal, but when you make the offer at such a lowball price occasionally it actually gets accepted.

If, in a short sale, the lender agrees to accept less money for the payoff than what the current owners owe, does anyone have to make up the difference?

Any time I've ever done construction, I just got a contruction loan and the bank accepted my ownership of the land in lieu of a down payment.The bank wants security and the clear title to the land quarantees that there is equity in the project.

I want to begin with smaller projects to test the waters.

Which means, an offer you make today, might get rejected, but the exact same offer in 2 months might get accepted.

I have an offer that if accepted, will be the second highest in the area to sell this year.

Hi everyone,I have been trying to track the local REO listings in my market to get a trending of what % of the List Price the banks are generally accepting.

Sec 8 requires all 3 prong outlets to be grounded and they test each one with that tester.

That means more expensive loans and resale prices that only go up if rents do (or if you have a buyer who will accept a lower return) and a longer sales cycle (think - exit strategy).

It's certainly going to depend on what type of investing you are doing.I get offers accepted on nearly everything I offer on--- but I only make offers on properties I want that have some clear indication that the seller is in a position where selling is very important to him.I buy and hold, so I am very picky about what I will offer on.