As an insurance adjuster I know two of the states Rich mentioned (Texas and Florida) along with Louisiana account for 70% of the wind/tornado/hurricane damage in the US and Texas hail can easily punch through plywood roof sheathing.

the appraisor's excuse for using comps from a completely different area was that most of the houses in our development are traditional while ours is modern so it would not be comparable. apparently the fact that buildable lots in our development sell for $300k and lots in the comparable development sell for under $100K required only a minor $25K adjustment!

If not, I adjust or walk.

One set is happy with better than what they are getting and the other set knows the market for cost of money and adjusts accordingly.As a professional investor you need both...ideally you have enough private money to do all of your deals though.

If it was because she just broke up with her other and is on her own for the first time, a problem is also flagged, she does not know what to expect with her day-to-day life.We normally flag single moms with a toddler as one of our top three problem classes, following 2 young men, and unmarried couple, in terms of types of renters.You have to adjust their income and outgo for the child care, hearing that oh, my mom will handle the baby while I work brings that into the picture and would normally result in asking for a co-sign if all else is in order.

For the most part, that population cannot adjust, or afford moving somewhere else.

If that interpretation benefits you, then good, if not, then negotiate or move on.Know your market values and you should be able to aggressively guestimate the interior repair costs (baring a complete kitchen replacement).Make your offers based on that and adjust once you get inside.Another strategy on this is to offer higher amounts to peak interest, then once inside, point out all the items in need of repair and work downward.

Why do you want to walk away or why do you think your loan terms should be adjusted?

Her payments are adjusted each year depending on her income.

Like wiping the slate. ps... after I finish with my notsmith file, I use the 'adjust' tab and change the file name.