Hence my capitalized "MIGHT".I think its a tough environment if you want to buy REOs and don't have a ton of cash.

We were working directly with the listing agent, and he told us straight out the seller was willing to carry a note. 1987 in Texas was pretty similar to where we are right now in terms of the lending environment.

Knowing your area incredibly well seems to boost confidence.I've also had to learn whole new aspects of REI--again mostly from this site-- as I try to find more creative ways to invest.

I could see us ending up with a tighter environment, and dropping to a new lower line, like happened after WW I.

First, I really don't care whether we drill or not, and I really don't care about the environment (trust me, there's nothing we can do to this planet that the planet can't fix in a couple hundred million years after we destroy ourselves).That said, I do care about logic

For the definition to apply the property must be held for sale in an open market environment, actively and appropriately advertised, with the seller and buy have similar to near equal knowledge of the market, neither having an unfair advantage nor acting with undue influence, providing good and merchantable title and for consideration in cash or it's equivalant.

A concrete saw is an awesome tool but will create an incredible amount of dust and a lot of exhaust fumes.

We all know our country is in a very bad place and we live in a very controlled environment.

Read Atlas Shrugged, it is essentially a commentary on today's economic and political environment.

I know it is incredibly redundant, but I am tired of taking no for an answer and the guy I'd be working with is motivated.