I get 13,109.813) So it appears if i go with a regular home, i'll save 8K (tax credit) plus 13,109.81 which equals 21109.81 in present value savingsIf i go for the short sale, i'll have 26219.62 (13109.81 times 2) in savings, thus i get about 5k extra in savings going with the short sale.I may also buy as much as 400K in housing, so the higher i go, the more savings i'd get from a short sale.Did i do this right?

Now that there are two people, the mother and child, involved, BOTH of them have EQUAL RIGHTS.In some states, the punishment for Suicide is Capital Punishment.

Brian, here's my input: I don't think people will pay too much for what is basically a listing....because finding the end-buyer is equally as important as finding the listing, otherwise there's no deal.

That equals a good partnership.

If the median price home is 150K and rent is 900, and another area has a median price of 100K and rent is 900, I buy the latter example. all things being equal.

With all of that being said, and all other things being equal this property could have a value of pushing $1.3 Million.

If sees how much interest income he'll be earning on paper he'll be more likely to accept your offer.All else being equal, I'd always consider a three bedroom over a two.

(Dont know if thats a good thing or not) Yes has first month rent and equal security.

However, my friend who is selling it to me has offered the following option for the 555,000 mortgage payment: first year $2000 per month, second year $3000 per month, and third year and beyond, 7.75% APR which equals out to about $4000 per month.

If my taxes are 1000 a year more, $86 per month, it is equal to about 14K in property value for the same payment.