But because of the location the value of the land is very unstable, based on the demand for that location.If you look at the tax records of the property it will usually tell you what the improvement value to land value ratio is.

In the mean time i also been reading money management books, Real estate audio and books from Robert Kiyosaki and Dolf roos also playing a lot of monopoly and cash flow 101 8).Is there any advice you would recommend to better prepare me ?

Since I use an on-demand publisher, I make more than that, but it's still a BUNCH less than the sale price.

You need to know if there is demand.

The law of supply/demand has a lesser effect during market corrections like now.

And it looks like yours are coming in at less than 25%. 4A I don’t buy property that has expensive higher than 40%, I also go for property that where the renter pay their own water and power, if they don’t have the meter then it worth to have the meter put in because your play with a risky unknown if you don’t.

I would not have even filed a claim with my company but queried your neighbor's attorney if it was the HOA or the HOA's carrier that denied liability and demanded a denial letter from the HOA's carrier before filing a claim on your insurance.

Obviously, most of the timethe mortgagee's credit, etc. comes into play, but in this case the LTV is so low it hardly seems to matter.Assuming the paperwork is in order, what would you say is the market value for this note?

We couldnt find our lot because there was no road, and the whole place was too overgrown for hiking (we also could obtain no map withuot apparently going to the courthouse).Yesterday we recieved, out of the blue, a "DEMAND FOR PAYMENT" from the homeowners association -They want arrears, plus 10% per annum interest - The whole thing amounts to almost $4000 and the land is worth about $1500 -We have received nothing about this "arrears" prior to now, and suddenly we are supposed to pay by July 31st or they will start legal action.

I decided to go with it for a while to see how it played out.