Now, no-one bought them, even though they were offered at 50% of the normal market value and even though they will make excellent rentals.I am seeing more and more of these situations.

Local title companies will normally be glad to give you a blank contract. #4 With my one page contracts, I just write up two identical copies if I don't have access to a copier.

Welcome to the new world, it's called verification---something being taken quite seriously these days (in the wake of the national statistics on foreclosures and loan buyback issues that flatlined 60+ lenders)...Your past full doc experiences are now irrelevent---the game has new rules...

This caused the foreclosure rate in his subdivision to exceed normal parameters affecting overall property values in his neighborhood.

Of course follow the normal principles of flipping, buying at a discount and then selling at FMV ect... but get it done so that you can move on.

Normally I don't deal with agents but with this one we didn't have a choice.

Normal people take care of themselves.

I am determined to make something more of my life than what is normal these days.

Bryan, regarding the incorrectly priced rents, I think the way to use the 50% rule would be to figure out what would be the normal rent for the property such that the vacancy rate would also be normal, and then apply the rule.

About a 100 photos of a normal home protects my clients against the sellers saying it was that way and my buyers have had to show the pictures already.