It has to be much more finessed than “your house looks uninhabitable, I’ll give you pennies on the dollar!

It costs very little, and then you can actually help sellers by selling there properties for top dollar.

Any avenue you pursue will take time so if you're looking for a quick dollar, it's pretty tough to come by in this market unfortunately.

He recently found a buyer for the property and is going to turn a profit of .30 cents on the dollar!

(Beal Bank out of Texas, they seem to own every third REO property around here, as they have astutely been buying up failed bank assets around the country for pennies on the dollar).

What exactly does it mean to buy (for example) 50 cents on the dollar?

But when the dollar falls in value, and with the yuan pegged to the dollar, it reduces the value of their currency and their savings.This talk of some global currency reminds me of the Amero discussion that came up a while back.

If you are actually investing a Million dollar, it would be worth your money to talk to someone who specializes in this area. 

If the fair market value is high and he knows what to look for, then what are you expecting to find that's going to be high dollar?

Buying a house in San Jose is an accomplishment in it's own right... but my initial thought, from an investment perspective, is you could have used that cash in other geographies getting you a higher return/dollar.- it seems like you're well traveled and that wouldn't scare you. ...