Still, I think it is short-sighted as it skews the expectations of buyers and encourages mortgage holders to walk out on their mortgage.The market around here seems to be picking up. 2 houses within a block of the one I have for sale sold this week, and 2 more down the other direction within a 1/2 mile.

More investors and buyers will be encouraged to purchase homes due to this major change.Take a look at the revision:'Section 203.37a(b)(2) of the FHA regulations, 24 CFR, is hereby waived for a period of one year, September 14, 2009 through September 13, 2010, with regard to sales of previously foreclosed or abandoned properties acquired and resold by for-profit and non-profit entities using funding from and performing under agreements with state and local government agencies under the NSP program.'

We offer competitive terms and service which is second to none - just ask sveral others here on BP about our services.Last word of encouragement - stay involved here on BP and invite your friends, family, associates, contacts, etc. as the more BP Nation grows, the better it will be for each and every one of it's members!

Did making that decision encourage or stifle your R.E.I. career at that time?...

If you are talking about the profit division, yes, it is about the same but it has an incentive structure to encourage the rehabber to sell it quickly.

Be aware, however, that to have a meaningful inspection, you will have to haveall utilities turned on.

While I think your pursuit of short sales and wholesaling is a great idea, I'm not sure what inspired a desire to do "bulk REOs," but I must tell you that you're going to be in for some real disappointment if that is your path.I encourage you to read the Bulk forum and see how many people are wasting their time there.

Any doubt or fear I have within myself encourages me to learn more and work harder.

They are doing this by encouraging more entertainment businesses, fairly big casinos, creating a good night-life, etc.

Thanks for all the encouragement!