no news on this property, the realtor said he'd call me after xmas...i still want the property but wont go any higher than $300K...have i fallen in love w/ it?...

Contrary to what you hear on the news, inflation is increasing on almost everything (except fuel).

Helga, The good news here is that you are dealing with a person, not a bank.

Take advantage of our 17-Page property/market reports (For this report, search a home and look to the toolbar above the address. look for the "Report" button.)

I know, this has not been widely reported in the news because, frankly, Santa thinks it’s none of your freaking business . . . but, the mortgage on his North Pole residence is about to go South since it was financed with one of those subprime loans we keep hearing about.

Experience, trial and error, and by following the news.

I would look at all the documents above, find out how they pay and check out any screening reports, if any, the owner performed.

We recently saw a gentleman interviewed on the news talking about predatory loans, & said that 100% of the loans they've evaluated that originated in a certain time period ('02-'06?)

Dan Horwitz, Madoff's lawyer, told reporters outside a downtown Manhattan courtroom where he was charged, "Bernard Madoff is a longstanding leader in the financial services industry.

One mistake that homebuyers make is giving the inspection report to the lender or their insurance company.