The LinkedIn group isn't very active, nor do I expect it to be, given anything that could be asked/done there, can probably get a quicker response here.Then again, it is a good way for all the BP people on LinkedIn to connect over there.

The biggest problems with condoa are owner apathy, bullies and control freaks running the thing, nobody paying assessments because somebody else should, or, they're going to move out anyway, so why should they pay...

When assessing market value of a property your evaluating, does anyone factor in the cost of replacement.

Money's tight right now you have to find the 1-2 that are actively lending.

Not a great neighborhood, definitely he scent of drug activity.

Most assessed at 2007 prices are sky high.

I am still in the process of waiting to close on our first house - got it for $12k - needs about $12k in work.Now we found another house that's in an awesome location - 3 blocks from the best elementary school in town (population 28,000), Assessed at $49k they want $30,900 DOM 4 days.

Just barely breaking even if the unit is filled every month, there's never any assessment by the HOA and never any work needed on the place.

Is there something else like assessment info that might be helpful to you when determining if you want to purchase a property?

There seems to be 2 schools of thought when it comes to short sales as it pertains to the MLS Status (Active, Backup, Pending, Closed).