Most of the valley has been experiencing sale price increases since spring 2012 due to inventory shortages and continued strong demand.

There are some markets out there that took huge hits and will likely make very strong recoveries, while others that took big hits may remain low for the near future.

Realizing that I'm throwing away valuable leads that I've done the work to obtain, I would like to work with a strong listing agent and obtain the referral commission which I understand is usually 20-30% of the selling agents gross commission.

Ed, I don't have an answer, but would like to add a question along a similar line -- BB&T just told me that to refinance ours under HARP we must pay for an appraisal, $425, plus a commitment fee of $675, and the rate they give us will be based on the value of that appraisal.

If you purchased owner's title insurance but did not get a copy of the title policy in the mail, the company you purchased it from will be stated on the HUD-1, and file a claim with them asap as I think the lender commitment documents stated they (and I) had a year to file if the closing wasn't done properly.

If you can do this purchase and rehab without an financing you have a strong point regardless of whether a flip or long term hold.

You buy it to park your cash in a safe place that has high appreciation and high demand for rent.That being said, send me a PM and I can get you a $500k apartment that will cashflow around $1300/month after CC/Tax and before debt service and a relatively strong growth rate over time.

-bump in flooring where living room meets kitchen-sink supply lines cut short-needs virtually all the essentialsHere's the upside:- priced around 100k with comps of same sq ft going for 180-220k (most of which could use updating). fwiw, it sold for 350k at peak of market- up and coming area- strong rental area (close to a college)Is this worthy of buying to rehab, rent, and resell in a couple/few years (after the area has gentrified further)?

The $5 cash flow from 1,000 miles away would be strong factors in my decision.

The Commitment will need to be changed to reflect the new legal description and to remove the requirement to obtain a deed from Rachel Meeks.