Dave007I just had a client refinance a property that we had listed for a while.

As I bet you've already guessed, people would "buy" the big screen, then have Circuit City pick it back up after the games/parties and get their money back.Indeed, a money-back guarantee is most effective when the product/industry has a less than stellar reputation.

If he hasn't really messed up his credit with the late payments, and the values are correct and are the complete story, he may be able to refinance and get enough money to pay the taxes and legal fees.

In the case where someone takes out a loan and then decides to refinance at a lower interest rate later, I am trying to figure the break point where it makes since to do so.

If they had equity enough to offer seller financing, they had equity enough to refinance and avoid the foreclosure.

I bet you expect your agent(s) to be available at nights and on Sunday, while you wouldn't expect that from any other professional.Professional Agents are not investors and they're certainly not bird-dogs, they are workers; And If you use a worker's services, as a matter of decency you should do your best to see to it that they're compensated for that work.

MikeI'm not saying that is my strategy, but I bet the ROI for a property in WA purchased 10 years ago would be much better than that of a property in OH.

Based on the price and equity, I'm betting the answer is no.

Jon - is correct your best bet is going to be a local rei club.

The simultaneous drop in home prices means those borrowers are often unable to sell their homes or refinance their way out of trouble.Authorities said the type of transaction McLeod abused can help homeowners if used properly.