Tighter credit and higher borrowing costs threaten the housing market, which has been an engine of U.S. economic growth.Second Homes``It is unfair for a family to have to pay a tax on their income that they simply do not receive,'' Representative Kathy Castor, a Florida Democrat, said today.

Cut your losses and run.

If, OTOH, you use a commercialized site that is just "reselling" and repackaging a report from the big three, they take a cut....usually about $10 or more per individual.

If I were going to use this method, I would simply knock on the door and ask them if their house is for sale and how much they want?

WH.....this is good, but again i am thinking on a couple things here, only wanting to make things flow as simply as possible with little to no gliches at the end of the transaction....i'll try to explain what i mean and maybe i'm speaking for many out there that are making some attempt to find success in this endeavor....in regard only to a short sale transaction the following occurs:property owner (let's call this person the "seller") allows for an individual (let's call this person the "buyer") to "purchase" the property merely for the sake of the "buyer" moving forward to deal with the loss mit people at the lender.as time moves along, this "buyer" gets written confirmation of the lender accepting the "price" offered via the customery HUD-1.now let's say for illustration purposes the "approved" price the lender has agreed to is $250000, the value of the property seems to be in the neighborhood of $350000 and the "buyer" wants to "double escrow" this bad boy for $300000 (generating a clean $50K profit)......in this illustration/scenario the question remains: "what is the cleanest, simplist" way to accomplish this?

I said ok, send me your counter offer.My question(s) is:How should I have structured my offer to AVOID a counter offer and how should I respond to the seller's counter offer if it cuts into myprojected profit?

BiggerPockets has become such a popular destination for real estate investors and others in the real estate field that we have simply been overworking our machines.

Just be careful to keep the rewards balanced so cutting corners is not what they are paid to do.Second though.

People in this market simply do not have that kind of equity, so all they can do is give the house to the bank.

I offered to be interviewed for that section at the end of July and have been simply amazed at the "legs" that article has.