The investor that sold it to them also had a mortgage company, did a super fast qualification for them and yes, that investor subsequently had his home raided and was charged with 23 felony counts of fraud and laundering, which he was later aquitted of all counts.Ha so overall it is a bizarre situation, no equity obviously.So I am still wondering, besides the obvious "hey this loan is underwater", does the second loan give me any other bargaining chips?

To my knowledge, an individual can only gift up to 12k per year to another individual and that amount in turn counts against a lifetime for that investor.

Basically, counting replies is all that this is doing.

I'm hesitant to make a purchase because when I'm putting in my constraints for the list, the "Records count" is updating with what appears to be a random number.

I'm trying anything I can think of to get in a better situation as my family is counting on me.

I continue to think is very dangerous to count on overall market appreciation, especially in CA where you have a non-functional legislature and an ugly economic situation.

Quote from another source:"Federal employees making salaries of $100,000 or more jumped from 14% to 19% of civil servants during the recession's first 18 months — and that's before overtime pay and bonuses are counted . . .Defense Department civilian employees earning $150,000 or more increased from 1,868 in December 2007 to 10,100 in June 2009, the most recent figure available.When the recession started, the Transportation Department had only one person earning a salary of $170,000 or more.

Like others I've encountered this more times than I can count, including on "trash outs" and "burn outs" that have sat so long the agent has forgotten they have the listing.I always use one of the two following answers; "OK, withdraw my offer then", or "if I lose it, I lose it".

I find it hard to understand why an agent would recommend that you list your home below FMV counting on a bidding war that may not transpire.

If there's any BUSINESS benefit at all to sitting behind a computer screen racking up "ratings" or "points" and numbers of semi-anonymous "friends", giving away useless ebooks, blogging, "internet marketing", posting every random thought you've ever had, and alerting people to the fact you just took a dump and now you're going to walk the dog-- I sure haven't found what it is other than ego, and it really shouldn't even stroke a sensible person's ego.Again, I hope to make great contacts here and do business-- but I'm not counting any social networking chickens just yet...