I also stressed to the broker my major concern was regarding the plumbing and I received no disclosure of any deficiency, past or present from the seller.As it turns out, it was discovered last week,mjust before I planned to close, that the seller had indeed made some major repairs to the plumbing, including sewer and fresh water lines connecting the chiller and boiler.

It was in the crawl space and once we cut a hole in the floor we discovered it was under water.

Brian's efforts are targeted to invoke interest in particular strategies he uses, when he gets those types of leads he can the identify the strategy to use and lead the prospect to the water. 

If you do refi, resist the urge to jump on the first deal you find.

Water in now pouring into the kitchen below when the shower is used.  

Does it include water and garbage?

Try to resist the short cuts some real estate "gurus" try to peddle.

When values have reached a level as low as you're describing, it will likely continue in that direction (down) until an investor buys most or all the condos and repositions the property.Sorry for the cold water on this deal.  

We talking 246 GT Dino Ferrari, 1939 Packard, 68 Pontiac Firebird or 1970 AMC Gremlin= owner carry, 1st position, 2nds, under water Vs. equity, performing Vs. default seniors, purchasing partials.

My house is literally only a couple of miles from the water, but it's actually not in a flood zone (350/yr premium flood figured in the 1900).