Revaluations are a mass appraisal process that the state mandates the towns to perform to bring their property values up to market value.

. ($150k homes in the area would rent for $1200 - $1400 per month, so getting $1700 a month on a $1400 rental when offering an OPTION TO BUY, will bring a premium rent and people will gladly pay it, because no one else will even finance them because of one reason or another) I agree to give them an option to buy the home for $165k in one or two years.

If you don't want to pay a 5-6% listing fee, consider paying 3% for any realtor that brings a buyer that purchases your property.

I am not sure if it is a desire, or desperation, but it is there, and it hunts me, it calls my name, it brings tears to my eyes.

Even the agents have to carefully track their brokers to keep them from calling in an offer after they have knowledge that the agent is bringing in a contract.

Loss mitigation techniques include the following: Special Forbearance, in which the lender arranges a repayment plan based on the borrower's financial situation and possibly provide for a temporary reduction or suspension of payments; Mortgage Modification, in which the lender reduces the monthly payment and/or extends the term of the mortgage; Partial Claim, in which the lender obtains a one-time payment from the FHA insurance fund to bring the mortgage current; Pre-Foreclosure Sale, in which the borrower avoids foreclosure by selling the property for less than the amount necessary to pay off the mortgage, and Deed-in-Lieu of Foreclosure, in which the borrower gives back the property to the lender.

I intend to buy more properties and it's good to know that a lender who understands what ingenuity can bring to a deal is out there.Japutt,The mortgage broker said around 7% and I can buy a point for $1350 after I put the $15k down.

There is equity in our home but we are in a credit repair state so a re fi won't bring us a better rate at this point.

You have, if memory serves me, 45 days after the sale of your home to designate up to 3 potential properties you will buy, and the purchase must be completed within 180 days of the initial sale of your home.Another option, if you are a qualified investor, is to do a 1031 Tenancy In Common (TIC) exchange.

She knows that when she brings me a deal that meets my criteria, I WILL buy it immediately.