The rpoblem is that Wells Fargo keeps having my home appraised and the value comes up near what I owe.They finally dropped it 15$K but it won't get anyone to look at it at that price. 2 miles away a new community( that is dead- no new builds) is selling brand new homes with a free lot- essentially selling the houses n@ 40-50K under mine.What can I do to get the bank to acknowledge this?

It had nothing to do with driving expensive cars, mine is eight years old and approaching 100K miles.

Also, Southeast Investor, one of the great selling points for seller finance, besides the buyer not having to go see a scary banker, is that I structure the monthly payments, with tax and insurance, a little less than people in the area are paying for rent.

I will try to learn to write a post that is not a mile long one of these days.Mike C

It's the one with the 39% equity(bank owned) and since it is about a mile away from me, I'm thinking about calling up the owner of that house and see if they can let me wholesale the house.

I am about 350 miles northwest of Minneapolis, in Grand Forks ND, East Grand Forks MN.

Asking Price for 409 room Flagged Hotel, 5 miles from major International airport - $10,500,000.00.

I am not familiar with that exact address, but I can tell you 1.5 miles west of that house, is not a place you would want to go for a walk once it got dark.

There are a few houses within half a mile listed around $430-$440K.I estimate the house will need about $50K to get it to a sellable, presentable condition.

there is a demand for rentals as there are many people that can't qualify for loans on their own. rent prices have not been affected by the downturn in the housing market. i have clients that have similar homes in the area and they simply throw a sign up in the yard and an ad in the paper and get it rented within the first day. this particular client has 10 rentals within 5 miles of this.the 'real' value is where it gets tricky. this is the standard block/stucco florida home. the price of this home is now at the price that these homes sold for back in the 90s.