The Texas Apartment Assciation lease that I use not only cuts down on my eviction time, but it also covers every nook and cranny of the Texas Property Code for my benefit.

if not - simply low ball the crap out of it - say 210k, put a few contingencies in there and move on.

entering into an agency (agreement) with real estate broker that involves you as a buyer simply means that the broker is working on your behalf - meaning - you're the client and the sellers are customers.a broker or a sales agent that you enter into a buyers agency with simply give the broker of record an exclusive right to help you - you can't go off and close on real estate without them - for you, this type of arrangement is good because you have the piece of mind that the broker/agent works for you (you hope - even with agency sometimes agents get mixed up with this because it's the little things that make or break agency).as far as using an agent - they might be able to run comps for you, let you know certain things about a given area pertaining to rents, values, general info about the locale that may help you find the best for YOUR money.know this about co-ops - you're not buying real estate - you're buying shares and in return you obtain a proprietary lease to a unit which is owned by the corp.

Just an FYI.One other thing to consider for a property in preforeclosure.If a bank is wanting a property back or they are simply back-logged, it's not that uncommon for a lender to "stall" in getting you a payoff.

They train people to do the initial leg work, and they pay you a cut of any profits.

If you want to cut your taxes, you have to showcase your home's warts.

He also builds rental homes, and with the lower cost of cutting out the middle man, he can make profit off of them.The more I take a look around in my area, the more building makes sense here as well.

If you take the property on a lease-option and then simply rent it until you actually buy it, that is a LOT safer.Mike

Time to cut your losses.

Cut the stack off several feet above the highest drain and replace everything below.