@Jay Hinrichs I know that all too well and am working toward having that available cash for just such occasions.

The review board agreed to lower the value a bit more but agreed with allegations by appraisal district that my purchase was not “an arms length transaction”I purchased the home as anyone could have and had no prior relationship with seller, HUD.I have on a number of occasions gotten values reduced with a recent sale price as evidence.I’m thinking of going to arbitration or district court.

There are some other sites available that I use on occasion.

I've seen a few occasions where there was an agreement in principle, but once the buyer rehabbed the property, the seller reneged.

On some occasions in the past I have used private financing at a 9% interest rate and two points.

Like Kevin I am also from around that area and have also driven by that property on numerous occasions.

Back in my loss mit days people used this technique on occasion.

I'm a law-abiding guy myself, but I'm not afraid to color outside the lines on occasion if a group of people are giving themselves an unfair advantage at my expense.

I've said that on plenty of occasions, but people ignore that because they don't like it when I'm not playing partisan politics.

@Ned Carey Depending on your hold time, it does on rare occasions make sense to buy at $15k, rehab for $40k, with an ARV of $40k.Yesterday, I was showing an investor around a n'hood where she had made offers for $50k for a house renting for $900.