You have no way of knowing that a BP person will send you something that will hold water, legally.

When you look at a property you will be seeking a discount from the retail value of the home in order to bring the home current in the market place and thus makes it capable for the home to capture a higher percent of the retail value in the normal marketing time.I like this analogy, where retail value is a glass of water.

New tile on the floor doesn't mean squat".Mechanicals,roofs,plumbing,electrical etc. that is where the real cost is at.Is the property sub-metered for water??

I have been putting bandit signs up and trying to do subject to deals so that i can get control of houses cheaply but the problem is 1) subject to is a short term startegy becuase they may call loan due at any time 2) lots of subject to deal the house is under water I already wasted $1k in bandit signs and feeling discourage...I know there are a lot of creative financing deals out there..

Tax assessment is $61203But the Valuation range(high) in dollars is $19470 Valuation range(low) in dollars is $3520Seller is asking $24990 for property.What does the tax assessment value mean in relation to the valuation ranges, and what number should I use for valuating the property?

Last August Hurricane Irene tore the roof off a rental allowing considerable water inside - destroying much of my insulation, ceilings, drywall and pretty much making it uninhabitable.

It is kind of different with a property in the 500k range- not doing a few updates or handling things correctly can cost you 50 to 100k.

There are these things called utilities - you know, things like electric, water, gas, phone, cable, etc. - that are turned on when somebody lives in a house.

Leaky pipes and water damage don't necessarily make a house inhabitable.

There are pockets that are good (Orange County, CA), and buyers are starting to drive up prices in certain price ranges.