Usually a basic package will be provided and if the buyer asks for anything else the seller and listing broker will request additional proof of funds first and if some finance other lender items showing if they engage the buyer they are ready to do a deal.

Thanks Scott for your reply.Property is located in not the best part of town in Northwest Indiana.The offer will be contingent on seller providing proof of rent payments for each month.

If the assumption is that the increased minority population is being fueled by those in lower socio-economic groups (I don't have data to support this off-hand, but it's the common perception), then think the answer to your question will be highly dependent on the social changes (if any) that occur over the next 20 years or so.

As is must have proof of funds and 1k EM.I offered full price with 20% down, declined the buyer credit, and offered to pay all closing costs.

I just drafted a direct mail letter for my motivated sellers list and need someone to make some suggestions. Its not great so dont expect this to be something that you will want to use. Im not sure how to get it to ...

I'll put Christine O'Donnell up against him any day and she will smoke him (while he smokes a cigarette, which is proof of his judgement)

To sum up, this is probably not an opportunity worth pursuing.I had lot's of "Katrina victims" submitting applications for my rental properties....very well-heeled victims...I'll end my participation in this thread by saying I'm not a fan of government welfare or socialism...

We are probably going to have a SOCIAL MEET UP for the month of December!

It's just not socially acceptable in our culture.

@Tom Brooks Please stop spreading misleading information.A Residential Basement Flood Proofing Credit is only available under extremely limited circumstances through the National Flood Insurance Program First the property must be located within a community which has been approved and authorized by FEMA for the credit.