HOWDY YALLGarGus it sounds like the Austin area is making a good comeback or at least the start of one.I remember when I took my ABR over there everyone was dealing with contract wars and then the high tech crash came.BCS is still riding the wave and building is going on everywhere.Especially in the commercial arena.Land has gone up steadily which has escalated prices but this area is still undervalued compared to most of the places folks are coming from.It is common to see people buying with a good chunk left over from their out of state sales proceeds.Investors in rental properties are not as happy as they once were as the escalated prices are making it hard to get a good return without putting more in.The junker market has alot of inventory for those that rehab.Some Ive seen as low as 22000.The lots are usually good size.(10000 sq ft and bigger).Locations most of the time are iffy.High end rehabs are coming into the picture more now.Wealthy College kids live in and trash expensive homes that their folks buy and then wind up selling them cheap to cut their losses.Ilove this country.Well im off to NYC for 2 weeks of R&R with the family.Hope yall write a bunch of clean deals while I'm gone.Adios.Jennysh thanks for the website on your condo hotel its a beauty!

I don't think the guy did it on purpose, but you need to read what you are signing, and use some common sense.

I think of a colony as a primitive, old fashioned settlement that was more common a few hundred years ago.

Ok, so the faucet has a drip and apartment 4 has ants coming in - maybe if the tenant in apt 4 had the common sense to clean her kitchen there wouldn't BE ants .. but somehow that is my fault too.

its very common in providence RI.

Is it pretty common for most realtors to invest [i.e., take the pick of the litter before it hits the mls and pass the rest on to the "non-licensed" investors]?

I am wondering about starting to charge for parking, which is common in this area.

I don't know of anywhere that has this broken down...what's the most common things done with Foreclosure purchase...

This is common, and it meant that if the home had real problems, he could back out of the deal later without forfeiting his deposit.

The way I see it, in some cases, the selling agent will get much less than 3% (given the scenario that there is a buyers agent and selling agent).