Note that this deal was my most profitable ever but it was luck more than planning.If the location is really good, if the unit you are buying is a prime unit, if you are well positioned to complete on you side of the deal and if the developer is solid then make a decision and move forward.

I'm trying to be fair about this....My neighbor, who is 96 years old (and looks and acts like a 65 year old) is really poor.

The Midwest, parts of NY, PA and the Carolinas showed pretty poor appreciation rates.So, what was your housing market during the crack period?

Originally posted by "REI":You know the quote about not being able to see the trees vs. the forest.John CoreyThe same could be said from the other side of the fence.There are just as many (IMO even more) media talking heads saying the subprime mess is overblown and ignoring poor housing numbers that keep coming out month after month, day after day.How many car salesman have you ever heard saying it's a bad time to buy a car?

So in light of the Fed's decision on Tuesday, I am curious to how this effects the average home buyer.

hello everyone i need a little help in figuring out what i should do next in this pre-foreclosure deal that has came to me.well first off the way this deal came to me was i went to my local sheriffs dept and picked a list of the foreclosures, i mailed them all a letter stating how i can help them and etc.well one of them actually called my number and left a message, so after two days had passed (yah i know i was nervous and etc) i had called the homeowner who left the message.so i started speaking with the homeowner and started building rapport and etc. well anyway the homeowner was very upset and told me from the start that he doesn't want to lose his house (he has four kids), he told me he had got a mortgage on the house for $180,000 and now he has it paid down to $90,000 (so there is alot of equity there), the property is also in perfect condition, he also told me that he had fell on hard times because he works in the construction business and he had broke his wrist and something else and was out of work for awhile.then he told me that he was back on his feet and has been working now for a year, but the bank doesn't care because they want all of the back payments and etc up front.......so i told him lets setup a meeting at his house this tuesday to go over all of this farther (but i told him i will not be giving him a decision at this meeting, that will come later, i did this to buy some time and etc)so anyway, what should i do?

I put a bit in over a month ago, sent an addendum renewing my bid but hve not yet gotten a decision.

You must make good decisions.

of the markets that are showing strong cash flow show poor appreciation.

Discussions of good floor plans and Frank Lloyd Wright interiors vs. poor street appeal just don't much matter.