I'll have to disagree with several of the above notes because it depends on:1) How much you know about design?

I personally would not do a deal like that, as my return is reduced dramatically and my cushion is absent.The income vs. value approach you mentioned is not only valid, but the exact reason for the dramatic bubble burst here in CA.

Approach is the key to the market right now, and either your realtor is lazy or sucks at his/her job.

Heard of Security Real Estate Services (aka Fairfield)...but before you approach them, do read about what they were alleged to have done in the Le Jardin development...

Being prepared is a good thing and considering where I live we tend to get ice storms in the winter, I do tend to stock up a bit as winter approaches.

In actuality the bill is designed to keep our economy from driving off of a cliff.

Thomas Lucier's books have many included contracts for affordable prices.Foreclosure overview books by Peter Conti and David have won New York Times bestseller awards, and provide great information about the process and also give you scripts so you know how to approach homeowners.Hope that helps.

:whistle1: :whistle1: :whistle1: :whistle1: :idea: :mrgreen: Since it hasn't reached the venerable heights of stickyhood, :cry: maybe another designation is appropriate, for those threads that have a certain level of value, just not quite to that supreme degree.

Its a graph from Credit Sussie.http://bubbleinfo.squarespace.com/journal/2008/6/7/neg-am-reset-update.htmlYou can see one peak of Neg Am loans approaching by the end of this year but then a bigger peak in Oct.This is just with one company, but you can imagine the peaks are similar throughout the entire industry.Most were 3 -5 year adjustment periods.So if a good portion of these loans were done 04-07 the wrath is really just begining for foreclosures.Unless the government steps in and works out rates and reduces prinsicpals.

I'm not going to tell you or your brother what to do, just know that approaching anyhing - including relationships - from an attitude of "scarcity" is going to hurt you.Tim