Only use your comps if you really need to counter to a counteroffer they give you.Typically, these lenders internally use some automated valuation model, and they can be all over the place.

I'd say we have less of an education problem and more of a lack of parents instilling/modeling a love of learning with their children, along with a government that's determined not to let anything fail.There's a great book called "Better Late then Early" that goes thru a myriad of data and scientific studies that outline all the damaging effects a child incurs when they are placed in a public school/day care setting at such young ages.

Hard to forecast extended recovery periods like this.Hard to say when the industry will recover.

Both Lowes and Home Depot typically carry a 14-15 cubic foot model for @$399.00.

Or what happens if some other whiz-bang technology replaces older homes and thus decreases their value considerably as compared with the new models?

I think that as we look at professional realtors (people who are in it for the long term) we have a transactional model and a relationship model of doing business. 1.

However, I have not completely refined my model yet as to how focused I am on near term cash flow versus building equity in properties that will appreciate (hopefully) over time.

Using my model I can afford to pay more then them but less than what they are flipping it for so I need to work myself in the middle somehow.

When the bank transferred title, the legal description on the deed only included the make and model of the home.

Not really a stand alone business model.