All in all I estimated the costs of repairs at $10-15k, which is an incredibly generous amount, but that would give me room for unforseen expindetures.3) A family member of mine has the same exact floor plan to the house (although the foreclosure is more aesthetically pleasing and has a nicer feel to the inside) She also lives across the street.

I wanted to provide an update and a summary as a reference to all.I saw the listing on Trulia, the listing did NOT provide the street number, just the street name, number of beds/baths and square footage.Using Zillow, I found the street number because the house matched the beds/baths and square footage.

Many times I sat their and had to wait for them to pull the deceased out of the vehicle, other times they would be laid out in the street still.

Tell him/her to send you active listings and go view comparable and those actually on the same street to see the competition.

Now, if the shut-off valve in the house doesn't work, then the shut-off inthe street has to be used.

I have never met an appraiser who was not opinionated, including myself (lol), and using a comp outside a subdivision is a subjective decission, as it depends on on several factors, but generally I agree that in a mature subdivision they should come from within.You made a very good point concerning the uphill battle that can be had if anyone begins to argue with an appraiser, as no one likes to be contradicted, especially from someone outside their area of expertise.In a perfect world there would be a property three doors down with the same floor plan, closed last week another like property four doors down the other direction and a third behind the subject on another street in the same mature subdivision.

I like 4 and under because they can be sold as residential and any joe walking down the street looking for a new home may potentially qualify to buy it.

It's safe to walk down the street at night by yourself.

In my area, there are towns where the post office uses one address for the delivery of mail, but the tax assessor has a completely different number for the same house (they agree on the street name, just not the number for the address).

If and when the money hits the street, we should see inflation.