I have my inspection contingency, but I need to review the verbiage because it appears as though only if seller defaults do I get my down back, but if I terminate the seller keeps my down...Any advice on verbiage in buyers favor?

chevis, just goes to show you that there are always opposing views. while you think it is a bad thing to take religion out, i favor it. not going to get into a debate on here, but i think that's what makes our country great. that we can have different views and neither one of us gets harmed for expressing them :)

Thanks, after doing some research I see the #'s aren't as favorable as I thought, with the 50/2 rule, I am in MA so very few houses fit this mold, but maybe by year's end if the market continues to dwindle there will be some good housesI also see I have overshot the amount of money that a rental investment would bring in, talking only about $100-$200 in profits / month, vs what I assumed would be closer to $700-$800.

Advertising, Listing Broker, holding costs, etc.If trying to give a low offer, there needs to be other factors in your favor.

Short sales are common in standard business transactions in recognition that creditors are not doing debtors a favor but, rather, engaging in a business transaction when extending credit.

While this type of program will slow the market down, it could work in our favor.

I am starting to build my little weekly vacation rental empire and was wondering if anyone else here does the weekly vacation rentals and how you market them and what your overall vacancy rate is...Im testing the waters by doing a favor for an out of state client while my properties are getting rehabbed.

And the chances to actually close are more favorable when the property price is $25K instead of $205K!!!

I run my own investments in the same fashion as the properties we sell.

We are back to the old fashion 7:00 dinner at home, and at the table!