I am assuming that the previous owner passed away (my family has something similar set up for my grandfather's house). 

It is possible to buy in a buyer's market, you just need to work a lot harder to find the deals and most importantly be disciplined enough to pass on the ones that aren't deals.

@John Acklen congrats on passing the exam!

There was an LOE in there for unrelated reasons where he said in passing that he intended to move in (I think the boilerplate addresses on credit report LOE - "123 Main St is where I live now, until I move into 456 NewProperty Ave"). 

It is at https://www.biggerpockets.com/blogs/6547/49892-lan...What needs to concern all of us is that (1) this is just the beginning with new HUD rules and (2) we must now develop complicated rules that might not pass statistical scrutiny by HUD.

I then raised the price to $420,000 and asked $30,000 down and passed on the rest of the terms to my buyer. 

Hi, @Katherine Earle,Had to pass this along...I'm on my weekly conference call and heard a definition of "HATERS":Having AngerTowardEveryoneReachingSuccessDavid J Dachtera"Success is not a destination.

My mother recently passed away leaving her home to my aunt and I as joint tenants.

My main benefits are;You dont have to bother with another Realtor to go look at houses or make offers.Gives you credibility from the public's perspective.Taking the course and passing the exam takes dedication and time but is worth it to give you a good foundation.What I love best of all it saves you on commission since you are the buyers agent and eventually may want to become a broker-in-charge and save all of the commission on your side.

Because we sit on a hill, water was passing over the existing swale and coming into the basement.