Florida is pretty competitive with the institutions all willing to accept the "fast 5%".

Many of our BP board members are participating in these projects with me and with others that understand this is a FANTASTIC market IF you know what you're doing.

FHA insures mortgages made by approved lenders to individuals and non-profit and government agencies that are approved to participate in HUD's programs; HUD does not loan money to homebuyers.

There is very little incentive for a borrower to participate in a short sale when they no longer owe money on the house, so she was willing to deed it away.

I'd ask "who's name is on the offer", but that's probably not exactly the correct wording.If you or your s-corp are the buyer, the 401K cannot participate in the deal in any way.

Heck, I hear about people that go to college with a dream to ONLY work for a non-profit institute.

While I didn't read the entire article, I imagine that whatever was ultimately proposed as an optimal bidding strategy was the same as following Nash equilibrium, another concept you might want to familiarize yourself with from game theory.Now, the problem with using Nash equilibrium -- or any other optimal bidding strategy -- in a real estate auction is that the item being purchased doesn't necessary have a commonly agreed discreet value (what the article calls a "common value model").Instead, the participants in a real estate auction may have very different perceived values of the properties up for sale, depending on what their exit strategy for the property is.

There is always going to be some level of compromise, but Byran is correct that once you have worked with a smaller bank for a while, they are often able to work with you a little more, as there is less red-tape with these institutions.

You have foreign investors , institutional buyers, and buy and hold investors that are willing to pay close to market for just about anything in this market.

Eventually we changed the system to one that we believed to be more fair and even, but unfortunately, in evaluating the system and your reaction to it, we realized that perhaps the system was doing more harm than good.Many of our users felt that 'influence' wasn't an accurate measure of their actual influence on the site, and sadly, some of our power users were turned off and cut their participation here.