All the foreclosures in these complexes are causing a shortage of hoa dues, leading to the complex going down hill: Termite damage left unrepaired, giant potholes, wood damage, squatters.

Anyways, we were happy they did not accept our offer cause this property was in an area that lost a lot of value.

I am concerned because I have been told that the bank won't allow it even if the contract is signed.

:roll: I have to say that I’m have not been concerned about how much more prices will drop in order to do deals.

What is it in your area that's going to cause appreciation?

Well, then you are probably upside down on all of them.If you are concerned about your FICO, anything less than a full 100% payoff or keeping the payments current until the market turns around is going to hurt.Many will debate the degree of the pain but at this point, there is not much point to it.

So, as far as I'm concerned (and in my lease) they would owe me for October.

(I know for a fact cause I am helping him paint the house among other things but lets get back to it) He wants to evict them but what is the next step to evict if there is no agreement?

Sure - we may get information faster and the causes may be different.

Although they are not laughing, because a dip in the US economy will cause a tsunami in theirs.