I am currently 75000 upside down and the best the bank is willing to do is give me a 6 month 5.25 intrest rate after that it adjustes back to 14.9%.

Also, that your rental agreement should adjust along with increases in park rent or other fees.

Real estate on average does not appreciate at 3% a year; it appreciates at 6% a year inflation adjusted.

I've been out of the loop more than I thought but just talked to a developer and heard of this where banks that take stimulus money can't follow through on foreclosure and/or adjusting up ARMs?

Once apporved, my offer is subhmitted or adjusted then submitted befor ethe property hits the MLS.In many areas, once the property hits the MLS (assumes the list price is well below market value) you are dead and can not compete with owner occupant buyers who are willing to pay full market value.

I myself have adjusted my contracts a few different times and have paid attorneys to approve of them as well as free attorneys at title companies.

They adjust the basis of the property, and reduce your gain when you sell.I'll admit I'm not really sure exactly how this all works.

Rehab pool home, Should have an adjusted basis of 47 to 52K, We can give it away in 30 days for 89K.

You cannot claim the credit if any of the following apply.Your modified adjusted gross income is $95,000 or more ($170,000 or more if married filing jointly).You are, or were, eligible to claim the District of Columbia first-time homebuyer credit for any taxable year.

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