Patientlywaiting, thanks for pulling up JWM’s post. May I ask an opinion? Would you still think this was the wrong time to buy if one could get something at a 2001 price and it was at an affordability level for a person that they could still save a decent amount? Also, if the 2001 amount was at the current rental amount in that particular area? (I do realize rents could come down in the future).
Also, does anyone know anything about OC Scam’s comment about realtors not getting thier commission on REOs? As I mentioned, I have an awesome realtor and I don’t want this to happen to them. Is this something to address directly with one’s realtor?