It's in both agents best interest to attempt to over inflate the purchase price!

For some odd reason, I didn't invest here.http://maps.google.com/maps?

But I keep odd hours, and I'm home most of the time- so they didn't hit my house.

Building builds a few houses and "sells" them to friends at inflated prices.

In a perfect world, investors would be the godsend for ALL buyers but due to the Nazi Socialists better known as Fannie/Freddie, they have devised ways to make it literally impossible for an investor to profit from flipping a real estate transaction.Enter seasoning: They "claim" it is there to prevent future frauds and scams due to inflating RE prices, appraisals, etc.

You don't want to hold cash in the bank because if his prediction of inflation is right any cash will be cut in half by 2019.

Similarly, Fed governors and district-bank presidents anticipate that inflation will be slower than their median long- run objectives of 1.7 percent to 2 percent in 2009, and 14 members expect the rate to be below the range next year.

Check how much is needed to maintain the gross rental income People who are familiar with Rent-Implied Home Value concept may try to inflate it by hidding the ongoing costs needed to maintain the grosss rental income.

It was still a lot better approach than leaving them bleeding taxpayer cash with the same management team in place - oddly enough, the losses just keep coming 'til the end-times take it all down by "surprise".This one cost the FDIC 4.9B - the heaviest shot to the hull I can recall in recent times.

If you're trying to hit a target.....the more shots you have, increases your odds of success.