Take care, Stuartstuart888 is absolutely right -- and if you do want to read up on this, go to our web site (realdata.com), click on the "Learn" tab and then click "read all of our real estate articles" Near the bottom of the list you'll find "Understanding Net Operating Income" and "How to Estimate Resale Value - Using "Cap" Rates."

Does anyone know of a good place on the internet to find an article that I can use to explain a short sale to someone in simple terms?

Anyway I posted my question on doityourself dot com.Long story short, within an hour I had several resonses including one that reprinted a magazine article with easy hints on how to tap into lines and all the recommended specs.Too bad I'm in rehearsal for a play or I'd volunteer to come up and do your plumbing if you'd come down and do some painting for me!

A brief general Article: The Arizona Republic oct 10.07

Oct. 25 (Bloomberg) -- Almost two-thirds of Americans say a recession is likely in the next year and a majority believes the economy is already faltering, according to a Bloomberg/Los Angeles Times survey.Full article at http://www.bloomberg.com/apps/news?

Just wanted to post this link in the Forums.It is the link to the article I wrote for the BiggerPockets Blog on the subject.I would say "Enjoy" but it's a sad story.http://www.biggerpockets.com/renewsblog/2007/11/29/sad-story-of-a-family-in-foreclosure-some-things-you-hate-to-see/

I think for Florida and many other area's, it's only half time.If this article (http://www.dsnews.com/articles/florida-courts-petition-for-nearly-10m-to-clear-foreclosure-backlog-2010-03-30) is to be believed, there are over 500K pending foreclosures in the Florida court system.If you add in the backlog of delinquent cases that haven't made it into the court system, strategic defaults, additional defaults from a record 12+% unemployment and 8+% underemployment, Option ARM reset, the end of the Fed MBS purchase (which could trigger interest rates to go up 250 basis points = less qualified buyers) and the end of the tax credit (why they would allow both of these to end at the same time puzzles me); I see a lot of hurting to come.

Per this article, the Consumer Product Safety Commission says homes with Chinese Drywall should be gutted.http://news.yahoo.com/s/ap/20100402/ap_on_bi_ge/us_chinese_drywall

The Economic Times ran a front page article on Monday, May 23, 2011.

Numerous articles, speeches and even postings on BiggerPockets pop up with my name when searches for high yield mortgages. during this time I did not do any advertising, it has all been by referral, network, or website.