The one wrinkle to put into the equation in the world of real estate is the impact by third parties on the transaction--particularly the appraiser and the lender.

House has room for forced appreciation as the kitchen and bathroom could use some renovations.

About 15% from forberance are forced to sell, but not necessarily forclose.

There is no direct impact on cash flow.Theoretically, rising rates could reduce real estate prices.

And yet some want to or have to move from where they are and so even though they normally would want to buy, the economics of the day are forcing them to rent. 

I contribute on a dollar cost average basis and has become a sort of forced savings account.

Do we think property sellers should be forced to sell at the price they list on MlS?

Hi Duncan, Yes you can negotiate during the due diligence stage and you can try to negotiate at any point in the sale process until close.If you end up not being able to move forward during your due diligence, your earnest money deposit should actually be fully refunded to you, provided you put in the contract that your offer is contingent on your ability to do your due diligence.There were several deals I worked on where additional repairs were found during our due diligence that necessitated negotiation.What we did was thoroughly explain to the seller the impact of the additional expense and then offer them the options of moving forward at a lower purchase price, or working out terms at the same price (owner financing/sub2/something else), or cancelling the agreement.Usually, the seller would choose to move forward at a lower purchase price but we definitely had parties choose to cancel or finance too.If they chose to move forward at a lower purchase price, we'd write up a simple 1-sentence addendum to the original contract stating the new purchase price and have both parties sign.You may want to include a deadline in writing of when the seller must respond by before you move forward with cancellation so you don't lose your EMD.

Find out how fast CERA applications are being processed in your area and force tenant to apply AND cooperate.

This has forced a huge amount of people to be bidding on the few rentals available.