Actually having the knowledge and knowing the lingo can be a key factor.

The higher class neighborhoods will start to see a substantial drop and more foreclosures start to hit the market.By the summer we will see commercial real estate drop in a huge way.In my opinion the severity of the commercial & jumbo loan market collapse, how it is percieved and handled will be the single largest factor in determing how soon we see the "intrisic values".Either way we look at it I think we are all in agreement that times are going to get far worse before any lasting forward progress is made.This is the best damn site!

Have you factored in their points and monthly payments?

When estimating rents be fairly conservative and don't forget to take into account a vacancy factor.

Then on a cold morning, turn on the defroster and watch the crack grow.

It was great early Sunday morning entertainment.

It is the dead of winter and was -12 this morning.

Processed a price opinion in the morning, went to church, watched the Arizona Cardinals go to the surperbowl (unbelievable), spent time with the family, and then finally crunched the research together for your property.

I called the plumber this morning to talk to him about it. 6 hours later and he still hasn't called back.I'm not clear on what you are saying.

The area he is in has actually appreciated due to strong local factors and he could probably sell it for $95k or more today.