Freddie Mac, page 79 of their latest 10-Q says "Our REO property inventory declined 17% from December 31, 2010 to September 30, 2011, primarily due to a decline in the volume of single-family foreclosures caused by delays in the foreclosure process, including delays related to concerns about the foreclosure process, combined with continued strong levels of REO disposition activity during the period."

Control the situation and never promise or commit to anything until you have thoroughly thought it threw.

Good to hear there's such a strong base of REI's here at this forum!

On one hand, that's a pretty strong signal for what the market is... on the other, following the crowd makes competition tough... but to go against the crowd you're essentially saying you're smarter.My personal strategy is to follow the market and simply try to carve out better than average deals.

There is alot of different information as well as disinformation out there, so I will just put myself out there to see what you would do if you were me :) I strongly feel the need to protect my assets more than ever.

This should be increasing but when purchasing a distressed property or renovating in order to move out - this is still very strong because the lender will base their loan on improved value as verified by appraisal.

Citimortgage is a national lender that will do it, many banks wont' do loans beyond your 4th due to the onerous underwriting.A local bank doing a portfolio loan can be more flexible, particularly since you have strong experience, though they'll still place strong reliance on the NOI from the tax returns.

So the payment I commit to when I borrow right now is actually less than the number on the loan documents.And with a house, most people have no choice but to borrow.

But I strongly believe that we'll see three digit silver prices before the silver bubble is really over.

LAS VEGAS Demand for house rentals "very strong". 3+2 in good locations within 10 miles of strip rents are UP.