A real estate crash typically takes months or years giving you time to think, strategize and react.It's true that the stock market historically has more volatility but as many have learned when the real estate market crashes some times you can't get out in time.What is fundamentally true with any asset market is those who try to time them get burned.

When shopping around for an inspector, I would ask about their experience and exactly what they are or are not willing to inspect.

Unfortunately, this man has a huge ego (since he was going to get profits and not a specific amount for his work, he insisted he be added to the deed), and in exchange for setting specific "rules" (ie true budget, time line...) my friend made a more lax contract in exchange for a signed quit claim deed.

They are out there, but you have to go and seek them because the true INVESTOR/REALTOR and if you notice I did not sat REALTOR/INVESTOR will not come and seek you they are making to much money and having to much fun.

Is the rumor true?

This may not be true in other areas with different types of inventory.

That term has even become clouded as the true term is Assignemnt.I appoligize for changing the direction of this string.

That's not necessarily true: Forms/requirements/laws/needs change, and the fine print and contingencies can and do, too.

This makes no sense.First if what you write is true, BoA is asking you to do something patently illegal.Second, BoA owns CW.

If you use a hml for the purchase then a rate/term refi based upon the true value of the property will not be an issue so long as you meet all qualifying criteria.This is still possible with cash out but you'd need to use a local bank or portfolio lender.