Not only will they be evaluating her, but she should be evaluating them as well.Have her speak with other agents in the office.

Will speak with the other lenders.They all are offering pretty much the same thing, the lowest rate with pts, or a higher rate with no or minimal pts.

John can be quite acerbic and he is mostly negative, but his comments are rarely off the mark.

We have enough liquid cash to cover a down payment on another house, if we do move, and I suspect I could probably handle a little bit of a negative cash flow on the current house if I had to, but I'm just not sure that makes sense.

I suggest you speak with several before making a decision to work with a particular one.

For example we bought some property some years ago 15 acres bordering Gladstan golf course all of the zoning is in place it is annexed into the city and is ready to be developed, however some of the utilities are about 2 miles away, a large amount of money to take this to the property, however if we sold now we would be able to make some money as well as helping and investor who can sit on the property, as we speak the utilities are being put in by another developer so the will be only about 1/4 mile maybe closer but it will be about a year or so.

However if you're speaking of how you will be protected from each other in a deal...have your real estate attorney explain to you what steps you'll need to take and who will get what incase of a dispute.

At some point the sprawl will be contained either through boundaries like Indian reservations (to the south of Phx) or simply too great of a distance from jobs to make people's commutes worthwhile -- which will jack up prices in places where people have already built, which means even more appreciation for home values.The big negative here is that these are cities in the desert, and if drought keeps going (a real possibility), then there might not be the natural resources there much longer that would sustain the population, which of course would mean people selling and moving out and losing a lot on their real estate investments.

2. speculation projections - if it's a breakeven property now with conservative numbers - does that offset the fact that speculations indicate large equity growth in the near future3. your operation funds - what you have in the bank to manage the property and possible negative cash flow4. experience - you or any partners you may have that have done this before.this is just a quick snapshot.

ARM's, negative amoritzations, D paper loans, and other creative finance programs are the main culprit for rising foreclosures, not double closings.