I just got the word from my primary bank that we can move forward on a refinance on our primary residence and will be dropping to 3.6% on interest and reducing our 21 remaining years to 15 years.

Tim Hey Tim,Dropped you a message.

Then, last night, I see a property in which I am very interested in buying, and the price on a 3rd property dropped again.

Also, as the time between my bids became longer (I was reaching my pre-determined limit), the bid increment dropped from $7500 to $2500.

If for example you are looking to get a $50K discount, then the agent will say "If you are willing to go that low lets just drop the list price $20K and see if we get some people that will make offers closer to that.  

Put 20% down as required by most banks and I think it drops another $100.

Overview of the Home Owners Protection Act of 1998 and when lenders are required to drop PMI: https://www.mgic.com/-/media/MGIC/PDFs/71-41599hopa.pdf

If you are interested in learning more about us and partnering on some deals, drop me a line at [email protected].

So what happens when the morgage rates drop?  

This look like he has to learn from landlords about providing a mail drop for all mail, and he has that right.