According to research done by Homevestors, 15% of people selling their house would be willing to take a deep discount on the price for a quick sale.

It is separately metered for utilities.Someone said I lucked into this deal, but they were not around for the three months of research I did, and the other chances I turned down that were just a little out of the formula.Mike OH has been an inspiration with his 50% rule and tough financing stance.Thanks again.

I would suggest doing a lot more research before you jump into it. the basic allowance for a small commercial aqusition and development is at least 10k out of pocket for start up costs.

My research tells me they are going higher thru the rest of 07 at least.The median price of USA homes has risen to $260,000 ish..Math that and one arrives at $34b a month.REDevelopers volume is not included..but we all know it is horrendously both enormous and under stated.

I would research the name and any info that can be gathered off the main search engines.

Ok so I'm looking for a property for myself to live in.....I currently have one that I bought at 60% of market, so I've got some equity in it......Plan to sell it as soon as i find another place to live.I'm real new to REO's, and was just looking on yahoo and found an REO that just came up in the area I'm looking to move to.Now I did some research, found some info on realtytrac, and the other through my local tax records......says it was sold to Groff Real Estate Investments on 7/30/07 for aroudn 200k.....it just became listed on realtytrac from what i saw (just signed up for the free trial to get the parcel ID)Guessing its too late for me now to do anything?

We can then use the community here to fill in the gaps in how to research the indicators.Deal?

Because of that, they typically require at least 20% down, and it can be higher.If you are looking at a pre-construction property (which there are many of these days), then the deposit is usually due in stages with the final payment coming when the project is completed.There are advantages to getting in on the preconstruction phase, and that is usually when you will get a best price compared to completion, however, you really need to make sure you do your research on the developer and property to make sure they have the resources and track history to complete and manage the project.A contact with Starwood Development recently told me know that they have a number of projects under way right now in North America including Seattle, Scottsdale and Wailea to name a few.

I'm continuing my research and will get in touch as needed.

The key is research!