Your computers and all software will be seized and you will make the local news.

Trying to define short sale is like trying to define a college major like Computer Engineering.

But then there is an exemption to the exemption for debt financing.You compute a fraction, which is the amount of debt divided by the basis.

You have the rent there as $300, but I believe that the correct amount should be $100; if you were to multiply the offer number on the per $50 line by 2, you would end up with that offer amount shown on the $300 line (more or less), but that would have been at $100 rent since we just multiplied by 2.And every line below that is also off by $200 in that original chart if my computation above was accurate.Please post back if you agree or disagree with my finding on this.If you are wondering how I discovered this, I had one I looked at recently where rent was $1000, and offer limit was around $70K for 7% rate; comparing that to the chart shows a big difference.

Converting passive income to active income and higher taxes just to have the ability to contribute to an IRA does not compute for me.

Assets-Liabilities=Net Worth or ValueAssets can be difficult to value, chairs, desks, computers or furniture/fixtures and equipment are pretty straight forward.

If you're computing a $/sq.ft. number you may be overpricing just like sellers apply the same math and overprice a large house.My point is that if you have a house thats much nicer than its neighbors, and that would rent for substantially more if it was in a different neighborhood, you still won't get much more than is typical for the neighborhood. 100 showings is telling you that for the house, as it sits, in the location its in, its overpriced.I don't think your market is substantially worse than here in Denver.

As a computer and technology professional it always seemed odd that I'd leave the MLS searching and data analysis to someone else.

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The association was made up of accountants, retired grand mothers, computer programmers, basically no one that knew anything about real estate or construction.