I believe his fund was up closer to $10B for the year.Many, many people are losing their homes because they were fooled into thinking prices only go up.

Blackjack dealer Betty gets a few tips from Bill as he loses that check.Betty takes her tips and heads to the bar to drown her sorrows over a few shots of tequila.

So, at $300,000, you lose $300/month, and at $250,000, you're just about break even.Jon

He had been hoping to buy after prices fall even more. (2 rentals plus his home)With the economy being what it is, he is concerned about banks failing and losing half or more of his money to runs on the banks, a recession/depression, and possibly losing that house unless it IS paid off, so is thinking of paying the mortgage off.

I would like to be as professional as possible, and avoid calling back and forth and wasting time for seller and buyer alike, and perhaps losing the deal.3.

A generic contract is how you end up in court on the losing end of a lawsuit.You need a contract that is specific to your state laws.If you have any sort of landlord's association in your state, they may sell rental contracts that their own lawyer has vetted and approved.

Plus it looks like the mortgage companies will be bailing out the folks who may lose their homes due to subprime or whose ARMs will be too high for them to afford.

People cant buy and more people lose homes every day.

Fixed up, it's easily worth $120k.

Hi Rich,You're not too far from CCIA which is Chicago's largest, longest running and easily most respected club.