So when we buy an REO from a bank, that's going to meet the tests of the FMV, when we meet some guy who agrees to seel the property to the first guy with some money in hand, that's not a sale at market value.

Now that Josh has the "file vault" available for use by a beta test group (I am one of the beta testers), I would be happy to handle posting of any of these short sale applications / packages.

Its not impossible but the chances of it happening are slim to zero.A $9K home would rent for about $350.

The other 10 percent of the time it is usually best to walk away because if they do not have the business sense to take your deal at face value, then the chance of them selling to you a discount is very slim. 2) If none of the above works, turn to the agent on your team and ask them to do a pocket listing.

I have tested this Zillow thing and it is always 92% of that Value.

But, why don't we drug test before any hand outs?

We keep waiting for the next "wave" of them to come on the market but so far it's been 1 here, 1 there so the choices have been pretty slim the last few months.One thing my realtor mentioned is she expects a considerable slow down in those buying homes due to the $8k tax credit ending a couple days ago.

Well Dee, I would suggest doing A/B testing to see the results.

You can take your classes and pass the test at anytime but if its like here in Tennessee you will have 6 months to hang your license with a broker.

I was going to attend the call but am preparing for a big test next month.