., what if the neighborhood goes bad or they find the next Love Canal under your MFH?

A Good realtor can educate you and in the process, expose you to 100% of the market place, to include FSBO.I agree with your innuendo though, a bad realtor actually has an adverse effect on your transaction.Find a good realtor that knows REO and knows negotiating.Good Luck with the property!

I am not going to say anything bad about them as they are from my state.

I have some balconies that were repaired badly by a contractor some years back.

If you think this is a big deal have them submit the receipt for the groceries and add up the items that would have gone bad.

They have no responsibility.The establishment made it possible and now that things go bad it's not their fault.

Others would argue that leverage is bad, and that you should try to buy property with large down-payments, thereby protecting yourself even in the case of a major downturn.While most people probably consider the right amount of leverage to be somewhere in-between (enough to build wealth quickly, but not so much as to risk getting wiped out if there is a downturn in your area), you need to decide what's right for you.Some questions to ask:- What is your plan?

Some individuals are having a difficult time.During the real estate boom there were still people not doing so well.This is because they made bad decisions and are suffering the consequences of living too high on the hog during the boom.This is the kind of economy that will create many millionaires, take advantage of this time because there is plenty of money to go around.This is just a natural thing in the economy.It is called a correction in the stock market.If you believe the doom and gloom of the media your doomed anyway.Our economy is the strongest in the world period.The question I have Is there food on your table a roof over your heads and cloths on your back.Hmmmm I guess your not so bad off.You just have to give up a couple of luxuries.Maybe you can;t afford that new model of 10,000 inch plasma screen TV oh well.If you have the neccesities and your family there is nothing to complain about.My wife is filipina and i have been to the philippines.

In this case, it may not be a bad idea to take a quality course on rehabbing.

This is spring boarding from a bad situation to a national disaster.