As they say "the roof needs work" or "the roof is only two years old", you can adjust your price accordingly.

What do you recommend I adjust, etc.Thank you...Best regards,Anton

yea i got a thought. get a home, owner finance it to the person that will be going into foreclosure (if they have a job, im assuming it was adjustable rate), take the down payment that they havent paid on their mortagage for the last 2 months and anything else they will give for a down.then find a renter, get a lease going for 6 months out JUST enough where they have 90 days left after what you think the foreclosure date will be and collect straight rent off the place for 6 mo!!

just to give more of my opinion, i'm a little bothered that he would have such a high truck payment and have no money to put down.even if this 'deal' works, he will then have a mortgage payment, no truck payment, and no money.he needs to make some living adjustments. i dont think he should be buying a house. he needs to pay off the truck and sock $$ away. budget, budget, budget!

The window of opportunity for buying looks to remain open for some time...Mortgage delinquencies hit record high in Q2Delinquencies and foreclosures set record in 2nd quarter, as more homeowners lose their jobs By Alan Zibel, AP Real Estate Writer On Thursday August 20, 2009, 10:12 am EDT WASHINGTON (AP) -- More than 13 percent of American homeowners with a mortgage are either behind on their payments or in foreclosure as the recession throws more people out of work, the Mortgage Bankers Association said Thursday.The record-high numbers in the report are being driven by borrowers with traditional fixed-rate mortgages, rather than the shady subprime loans with adjustable rates that kicked off the mortgage crisis.

THIS IS NOT A CLASSIFIED AD!!! Just

It is adjusted for the risk factor, or in some cases the higher CAP is really an effect of the sheer number of buyers willing to invest in a particular type of property.

I'm pretty reserved myself, so this is a huge adjustment for me.

The market needs to be $500+ but a $500 mortgage payment goes a long way in this area.I don't mean to be evasive....The reason why I'm unsure of some of these numbers is he initially had a 12 House Package but I threw out 4. 2 he has for sale and I'm not paying retail and the other 2 were in smaller towns worth virtually nothing so I'm trying to adjust with those out of the picture.

With the feds forcing banks to adjust mortgages down to what the borrower can pay, what is the chance of running into trouble by selling on an "owner carry"?