So prices adjusted accordingly until qualified buyers were found.A park right down the street understands this class and has an easier qualifying process.

New property Used property Personal use property started using for business -This one Date of purchase (MM/DD/YYYY) Cost or adjusted basis on conversion date Fair market value on conversion date Cost or adjusted basis on conversion date- is this what i payed for the building only?

An appraiser will expand their area and the closeness of the match, and make more adjustments than if there are better comps.

I have never done a quit claim deed from flipping reos, but why not just adjust your numbers and either do a traditional double close or use a land trust and sign over your beneficial interest and collect your fee.

They may, I've adjusted my FMV and its probably closer to 92 K minus a few grand for repairs.

Also what I am questioning is the use of the FED rate as the means to adjust the payment up or down.

I didn't analyze the deal correctly - the comps I used were good comps but I didn't adjust for the house across the street from mine (rental in an otherwise all owner-occupied neighborhood).

Proceeds to Litton shall be no less than $57,615.00 Litton reserves the right to adjust its approvednet proceeds or cancel this approval if any of the terms on the enclosed preliminary HUD-1Settlement Statement are altered without our prior approval.

More on that below.Tom, To get the $5 million, I just adjusted the price downward until the cash on cash return was about 20%.

I've done a couple of "burn outs" that ran me $20-$30K, this was in the '80s and early '90s so the dollars would have to be adjusted for inflation.Frank