You still can make money at the right price but if there is someone there to keep the starting point high then your profit margin has just been adjusted.

What will time adjustments do (what will HVCC do!).

is the interest rate adjusted up for lower collateral and lower capacity to repay?

Markets do adjust.

Additionally, it seems that the banks are not considering adjusting loan balances, as we were told they would do, but only focusing on the interest rates.I'd love some concrete evidence as opposed to the 3rd party stuff I've been hearing, so if you know anything, please share.

wanna be a ballar... shot callar... 20" blades on the impala ))

If that's not enough time to read through your posts after making them, I don't know that 5 hours will be.Most sites I know only give you between 3 and 5 minutes, so I'd say the 20 minute adjustment should work fine.Thanks for the suggestion, Mike, and I hope that works for you and the others.Josh

This will give you an adjusted cost basis for a new build.If you get the property for anything less than the adjusted costs basis, it is like them subsidizing your contruction costs.

Any good company will stand behind a GOOD agent, been there, done that.And yes, not all policies have 80%, I kept myself from writing a couple paragraphs by saying generally, but just trying to expalin the 80% and the co-insurance basis.As an independent adjuster, I'm sure Tim has seen a wider variation of policies than I have, not all policies are the same.

The rent is governed by your lease, during the term of the lease - so they can't just raise the rent duting a valid lease (unless the lease has some clause in it that permits increases - some do allow for adjustments due to increases in taxes, insurance, utilities).The assignment of rents just means that the rents are to go to the bank, and not the landlord, in the event that the mortgage goes unpaid.