For your consideration: Mitt Romney NYT Opinion Thomas Friedman--What to Do About the Big 3 GM's Rebuttal to Thomas Friedman

Any opinions about the market there from anyone with experience in the area?

Tom,Other than internet leads( waste of time) in my opinion.

That's been discussed a few times, and opinions vary.

Therefore, a lease-option is really just a rental with the exception being that some of your operating expense are deferred until you get the property back.I've got to go, but I'll try to expound on this later.In my opinion, this is a terrible deal and I would pass!

In my opinion, I don't think we will see a declination in value like we recently experienced.

You have a loan for about that amount.As to whether or not this is legitimate, there were various opinions.

That being said I would like any opinions on how I should go about starting because I see my situation as a bit of a conundrum.

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!

Check out this article in Money & Markets and let me know your opinions.