Shari:I think that the reduction of the interest and loan balances could help slow down the foreclosures in process and prevent future ones.

Not only DOM, but the Realtor can get the listing history, which would include original listing price and any price reductions since it was listed.

I fear, without either a reduction in capital gains or some other incentive for the entrepreneur, this will be a prolonged recession and an even longer drawn out period of low GDP growth with a moderate chance of higher inflation.

As a real estate investor, you need to make money with every lead.So let's talk about an example:a pretty house quiet street, owes 95,000, comps come in at 100The days are gone when you can overprice the house and do a price reduction.

It turned out to be a small pill bottle.There were two lenders there that are worth looking into ...

If a discount or reduction is called for, use the proper number based on the data.

My intent is to also put money into the property, which results in a reduction in service calls, a reduction in utilities, and the property should be more appealing to higher quality tenants.

In between $100K and $150K it phases out, $1 reduction in the special allowance for every $2 of income over $100K.Second is that you have to pay it back.

Between the rental income, Principal paid, moderate appreciation and tax reductions against my W2 income they do far better than good old stocks and bonds.

I view it as it all ebbs and flows, 4 weeks ago I was celebrating a huge bump in equity at a refinance and a reduction in mortgage payments, another mortgage payment lowered significantly which increase my cash flow on a different property and going under contract for a 12 unit townhouse complex...I try to take the bad in stride, and not take the good for granted.