Since the home has been sitting for 4 months now, let's say I throw in an offer of $78,000, they counter with $85,000, we meet at $82,000.With an eye toward's Scott's section on holding costs, I've put in a (what I think is) conservative estimate of 25k in holding costs - this is based on me paying half the closing costs when buying and all of them when selling (very normal from what I've seen lately), holding the home for 6 months, insurance, taxes, mortgage, utilities, 6% sales commission, etc etc.

(ARV * 70%) - Repair Costs = MAOThanks for the catch guys.

And you get the benefit of having over 80 past ones to catch up on.Two Great reads, I bought both J.

It depends on where in the curve you catch it.

And you get the benefit of having over 80 past ones to catch up on.Two Great reads, I bought both J.

And you get the benefit of having over 80 past ones to catch up on.Two Great reads, I bought both J.

http://www.scribd.com/doc/237528735/2014-Ohio-515-...As an attorney, I don't agree with the decision, but you must know there are always eyes watching, and from what I've heard about California, its even more onerous.  

They also provide extra eyes on the case file and alert me to items I may not catch (improper notifications, etc.) since they do 1000x as many reviews as me (and although I have some training, they are licensed to do so.)A foreclosure, after all, is part of a civil suit.

Think in terms of the lenders eyes, is the home in a condition that it would sell quickly and you could get market value if you un-willingly owned it?

And you get the benefit of having over 80 past ones to catch up on.Two Great reads, I bought both J.