No more extensions, nor would we simply go away, and he could expect to explain the difference between what had actually happened and what he’d been telling us and, and further explain his legal opinion of their rights in any action we might take to enforce the contract and claim damages.Two days later we closed without the deed having been recorded.

Can I expect to see a house in need of dire repairs?

In current condition (apartments need rehab) I would expect fair market value to be around $225,000 based on the bank pricing 10% below fair market value in order to move the property.

BPOs-but do not expect to be paid in a timely manner from some companies.

However, Fannie Mae finanlly posted their announcement of their expected change on 9/5/08.

To decide whether her townhouse would make a good rental, we need to know the gross rent you would expect to receive.

So the need for a construction exchange.Since I don't know what my property will sell for, I plan to purchase one that will be close to what I expect it to, but of course, that's a guestimate, and the purchase price may be lower than the sale price of my propeerty.

Originally posted by Joshua Dorkin:That's the price you pay as the owner of a property . . . you'll need to move the utilities into your name if your tenants no longer live there.Good point, Josh.To add to that...Our local electric supplier will set up with landlords a 'standing order' of such that switches power to the landlord's name whenever a tenant removes it from theirs.My original response to this was "Danger, Will Robinson" -expecting that tenants would do this on a regular basis while they were still living there.

I honestly got into it thinking as long as I didn't lose money I'd be happy - for other investments I do expect at least 100-200 month profit as a general rule of thumb.

When you negotiate a short sale, the bank really expects you to be at the closing table.