They aren't sold, they're issued by the bank to those who pay for them and sold to an exit buyer ata % off face value the same as an mtn.

We did all the work ourselves I bought it for $14,000. in a real high end park and I turned around and sold it for $34,000.

I know they look at the houses that sold in the past, etc. but is there anything esle specific that they do?

You can request a copy of the fax transmittal sheet, but without real hard work by the seller or the listing agent, it's going no where.

I got lucky and bought a home in San Fran in 1995 and sold it for more than double in 2000.

In the past they have said it was for the appraisal, so this time around I stated they needed to provide us with a copy of the appraisal if the client/realtor are paying for it.

He would pay me back as soon as he sold some of his other assets (other real estate, toys, etc).

If they tell you that they can do it, ask them if you can send them a copy of your contracts you plan to use to review them and make sure they will use them.

The assets of folding banks will be sold off to try to recover some of the funds the FDIC has to kick in.

It was the government through monetary policy and other inducements that created demand- but that's not sustainable because people with middle-income jobs could not reach into their pockets and continue to make payments for houses that had sold at multimillionaire prices.